Thursday, May 15, 2008

Battle The Credit Card Crunch

NEW YORK (Wireless Flash - FlashNews) – The credit card battle doesn’t have to be a losing one. is an interactive online tool that analyzes the fine print of hundreds of credit cards and gives side-by-side comparisons to let you know which card is the right choice for your budget.

Co-founder and personal finance expert Ziv Yirmiyahi says the credit calculator will help those overwhelmed with appealing offers that sound too good to be true.

He says, “The whole credit card industry is about marketing slogans. It’s important to know exactly what you’re getting. Things are not always what they seem.”

Yirmiyahi says even the craftiest consumers can end up in debt, and encourages people to understand just exactly what you’re agreeing to when you get a new piece of plastic.

He says, “If you ask most people what their APR is, they don’t know.”

To stay on top of the money managing game, Yirmiyahi recommends paying all your bills online on the same day.

(Contact numbers available only to subscribing media or trial media users. You can request samples at the Wireless Flash web site.)
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