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    It's no great secret that nowadays there are plenty of lending companies offering 0 percent APR credit cards, usually as introductory periods to draw in new customers. So what's the truth behind his offerings?

    Annual percentage rates are used by the various credit card companies to compare current interest rates from the different lenders. They can be quite confusing.

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    are plenty of lending companies offering 0 percent APR credit cards, usually as introductory periods to draw in new customers. So what's the truth behind his offerings?

    Annual percentage rates are used by the various credit card companies to compare current interest rates from the different lenders. They can be quite confusing.

    To know if you are getting a good loan rate, you have to separate all of the independe

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    ruth behind his offerings?

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    he different lenders. They can be quite confusing.

    To know if you are getting a good loan rate, you have to separate all of the independent factors associated with it. These factors include insurance, fees and other such things. Now to know all of these would take quite a bit of work.

    The credit card companies use the low, or 0% teaser rates to bring in new customers that they are actually hoping will continue to carry monthly balances that extend beyond the introductory period.

    In many cases, the interest rates are then raised to exorbitant levels. This is where the consumer must be careful to guard against is extremely expensive credit card interest rates.

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