New developments in credit cards
I have seen some great developments in the credit card industry recently which I would lie to share. Firstly pre-paid credit cards. Often times you can’t use cash anymore, but not everyone can have a credit card. Especially useful for your kids as an emergency measure, these pre-paid credit cards are going to open up a whole new market.
Here are some useful links for you if you’d like to read about the subject further
credit cards - http://www.cardguide.co.uk/
compare credit cards - http://www.cardguide.co.uk/best_buys.html
Of course, the traditional credit card market is still incredibly strong. It’s an easy way to borrow. It can be expensive in terms of paying back interest, but that’s not how credit cards should really be used. The best thing to do is to use the credit and clear your balance every month.
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