CREDIT CARD TRICKS

BLOOMBERG BUSINESS WEEK (2009)(1/4) 96

Here is the latest strategies to take your money used by the credit card

companies.

VARIABLE RATE CARDS- This means as primary interest goes up

then so does your credit car. However, if it goes down, your credit card should go

down. However, there is a floor and that means it can get too low. Stay with

fixed credit.

PICK A RATE- What ever rate that you choose there will be more interest

added on to be able to make a choice in the interest rate.

LOWER FEE THRESHOLDS- You have a 21 day grace period. Then you

are whacked by a penalty. That penalty kicks in after $1,000

Now it is 250 dollars.

UNLIMITED FEES- There used to be a fee to help you change

credit card companies. Now they have increased that fee.

INACTIVITY FEES- You don't use your card for a year. You still pay an

INACTIVITY FEE. It can run as high as $36.00 a year.

HIROKOMO ET. AL. BOOSTING GROWTH WITH DAY CARE./96-08

Japan is trying to encourage young couples to have more children. The country wants

more workers and consumers. So they are providing discount day care

funds. The authors guess that this does not work. Women will probably have

one child and a dog and be happy. Mom has a job to and one child is enough.