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Credit Card Debt Talk about all things related to credit card debt; share your stories, successes and tips.

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Old 03-25-2007   #11 (permalink)
dasha101
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What is the lowest interest rate offered by credit card companies per annum? Are you familiar with HSBC credit card? I am planning to get one from them. My application is on process.
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Old 04-25-2007   #12 (permalink)
sood123
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rates increase when you skip your payments for the debt. That sharp increase is very heavy on the pocket.
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Old 04-27-2007   #13 (permalink)
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When you skip even one single installment then the interest rates start to chage very dramatically. The rates as pointed by members in this forum are only for the minimum payment due.
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Old 05-26-2007   #14 (permalink)
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Well, the rates differ from company. It is the indiviuald decision to opt for his own choice,i mean which card is best suitable to his pocket and is having the lowest interest rate.
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Old 06-05-2007   #15 (permalink)
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Interest rates differ from bank to bank . I think ICICI bank offers the minimum rate of interest and for me, it is the best service provider.
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Old 06-23-2007   #16 (permalink)
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Yes, i think interest rates vary from company to company... You just should do a b it of research and you yourself should find out which credit card is more benificial to you.
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Old 06-23-2007   #17 (permalink)
mattcch2007
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My friend has borrowed 50 thousands dollars in our local bank,
and pay back all with interest of 3 thousands more or less.
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