The 7 Commandments of Credit Card Interest
News from Credit Card Guide News:

High credit card interest charges can take a significant bite out of your hard-earned money. To protect yourself, follow these seven commandments of credit card interest:

1. Know your APRs.
Most people are familiar with a credit card’s purchase APR, which is the interest that accrues on purchases charged to the card. Most have also heard of promotional APRs, such as 0 APR offers on balance transfers or purchases.

However, there are several other members of the APR family, which you ignore at your own risk. These include:

Cash Advance APRs. A cash advance APR is the interest you pay on cash taken out at ATMs or banks using your credit card.
Overdraft Advance APRs. Overdraft advance APRs are charged by some card issuers on balances resulting from over-the-limit charges.
Penalty APRs. continues on Credit Card Guide News
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Related News:

Cigarettes, videogame among credit card charges after Red Bank slaying
News from Chattanooga Times Free Press:

  • Three teenagers and one 27-year-old man have been charged in connection with the fatal beating of 27-year-old Jordan Collins over the weekend.

The life of a 27-year-old Red Bank man was taken for less than $ 1,000 spent on cigarettes, clothing and an Xbox game, according to police reports.

Jordan Collins was discovered inside his home Saturday morning, lying in a pool of blood after he was beat-en four to five times on the head and face area with a crowbar. Authorities have charged his former roommate, 19-year-old Zachary Hughes, with criminal homicide in connection with his death.

Two others — Markel Mitchell, 16, and Jeremy Sean Reinig, 27 — also are charged with criminal homicide. All three and another man, 19-year-old Lorenzo Bell, have been charge…………… continues on Chattanooga Times Free Press
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