he holidays are
almost here. The lights are up, the tree is decorated, but are you financially
prepared for the festivities? |
If you didn't anticipate your expenses at the beginning of the year and haven't saved what you've already spent or intend to spend, you still can keep holiday expenses in check by using a low-cost credit union credit card to purchase remaining gifts.
Credit union credit cards are easier on the pocketbook than bank credit cards, according to the Credit Union Executive Journal's 1999 Credit Union Fees Survey Report and a bank credit card survey by the Consumer Federation of America in Washington, D.C., and Consumer Action of San Francisco.
Here's how much better a credit union credit card is:
By the way, some bank card offers tout attractive low-interest "teaser" rates, but when you read the fine print you see that after six months or so the issuer may double the low introductory rate.
By the way, banks have increased late fees by more than two-thirds in the past three years.
By the way, this fee reached a high of $29 at one bank.
By the way, some banks have shortened grace periods to as few as 20 days.
|©1998 Credit Union National Association, Inc.|