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revmudie

We all tend to concentrate on headline rates, tranfer rates etc with credit cards. If you miss a payment or you exceed the credit limit you are hit with hefty charges, especially with some of the more competitive cards. This will often wipe out any benefit of a low rate. Does anyone know what credit card has the lowest charges or penalties when you default.

Comments

  • roswell
    roswell Posts: 2,447 Forumite
    I think its called a direct debit so that you dont default.
    If it doesnt pay rent sell it.
    Mortgage - £2,000
    Updated - November 2012
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