Using Credit Cards To Start Your On Line Business

Hi

I have just received good news about my credit card application and have one whereby you can transfer a balance over for 0% interest. This basically gives you an interest free loan for a period of time whilst you make your on line business a success and pay off the debt within the quoted period.

For those of you who live in England Martins moneysaving site is a great place to look for how to really utilise credit cards even if you have a bad credit score. But here are the basics of how it works and how you can use it to your advantage.

OK lets start by trying to change your view of credit cards. Credit cards are only a problem if you cannot pay them off and they incur interest. If used properly you can get some good money back deals or points or even airmiles.

If you are going on holiday and you know it will cost you £3000. You can't afford to pay it then but you can afford £300 a month. So you purchase the holiday on your credit card and then you normally have 60 days grace. During that period you apply for a credit card offering an interest free balance transfer. You get the new card, pay it off at £300 per month and it's gone in 10 months time. You've improved your credit score, had your holiday and paid off the card with no interest incurred. Make sense? Well you can do this in exactly the same way to fiance your Internet business. If you need to buy some products to sell on but don't have the instant cash you can use your card, pay it off if you sell the products quickly or transfer it to another allowing you a period of time to improve your marketing and sell your products.

Please remember not to use this card until you have paid it off!!

People will only laugh at your new ideas as they are fearful of change and your success. Don't let their skepticism put you off achieving your goals.

Take care

Nicky