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 What is APR in credit cards?

Answer Before applying for and using credit cards, you need to know the APR, which stands for Annual Percentage Rate. This percentage should be listed in the terms enclosed with any credit card or card ap... Read More »
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Top Q&A For: What is APR in credit cards

The Similarities Between Islamic Credit Cards & Conventional Credit Cards?

The Koran, the holy scripture of Islam, forbids Muslims to charge interest. As with the Hebrew Scriptures, the Koran places lending in the category of charity, and so regards interest as a form of ... Read More »
http://www.ehow.com/list_7345861_similarities-cards-conventional-credit-cards.html

Are gold credit cards better than regular credit cards?

On One Hand: Regular Cards Accept Lower RatingsRegular credit cards have higher credit limits than secured cards but often not as high as gold cards. Traditionally, you do not need to have as good... Read More »
http://www.answerbag.com/q_view/1904621

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »
http://www.answerbag.com/q_view/2093143

What is the optimal number of credit cards for a good credit score?

On One Hand: No More than SevenAccording to the Motley Fool, if you have more than seven credit cards your credit score will suffer. The FICO scoring model, developed by the Fair Isaac Corp., penal... Read More »
http://www.answerbag.com/q_view/1967725


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