Would you prefer a credit card with low credit limit and no interest or high limit with a moderate annual percentage rate?

I am with Gina on this one, after getting myself into a heap of trouble with credit cards after losing my job, sign me up for little to no interest rates. I went through debt settlement, and I have about 4 tiny cards I am still trying to pay off. Because my credit is bad, the rate on these are from 22.9 to 32.9% interest.

They keep lowering my limit as I pay them off, and increasing my APR due to my bad credit. I don't need to buy things I can't afford. It's amazing on how little you can get by with, when you have to.By having a higher limit credit card, I'd be tempted to buy things I thought was a necessity, that really isn't.

You'd be surprise on how little money I've spent on anything this year. Someone with more income would be better off with the lower limit card too.By not paying APR for smaller purchases, they could always save that money for emergencies. If there credit is good, they can also get an American Express card which generally have no limit within reason.

This could give someone time to make a purchase and get a personal loan if needed.

If I was asked to choose between a credit card with low limit and no interest or a credit card with high limit with a moderate annual percentage rate, I would select the former because in terms of credit card use I usually use it during travel and personal emergencies and just pay the whole amount after one month in order to avoid paying finance charges I have a credit card once, with a high credit limit, and more often my purchases seem to be always below the limit, so I decided to terminate said account before its expiry in order to avoid paying for an annual fee. In terms of APR, I usually prefer having a card with low interest rate since finance charges can cost you additional expenses if ever you are unable to pay the outstanding balance.

I would choose a credit card with no interest and a low limit. I got myself into credit card trouble about 7 years ago and since then I have learned some big valuable lessons. Since then I either use cash or I have a Paypal card, which is my own money and not borrowed.

If I have no money in there, no spending for me. Actually I do always keep money in there. I use my Paypal Card as a debit or credit card, so if I need to reserve something with a credit card, problem solved.

I realize I am not building my credit very well, but I am not getting into credit card trouble either and right now that is more important to me. flickr.com/photos/jennkstep/4434950457.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.