Wednesday, June 1, 2011

Credit Cards Easy-Payment Plan

Generally, a credit card’s easy payment plan enables the cardholder to spend first and pay in installments. Nowadays, credit cards offer easy-payment or flexi payment plans, charging interest rate that is lower than personal loans. The caveat is that you must settle the loan within the specified time period or end up paying a late-payment charge.

Tables below show a summary of selected banks for Easy-Payment Plans.

A gentle reminder, your ability to meet the monthly repayments is really important to prevent you incur a credit cards debt and it is good practice to pay off your debt as soon as possible.