Credit Card Guide Helps People to Avoid Exorbitant Fees and Sky High Rates

CreditCardReview.ca offers a low-interest credit card guide to people who want to avoid super-high borrowing costs that can ruin them financially.

Toronto (PRWEB) October 16, 2012

Art Branch, Inc., the parent company of CreditCardReview.ca announced today the publication of a low-interest credit card guide (http://www.creditcardreview.ca/low-interest-creditcards-9/), intended for Canadian consumers who are looking for affordable credit solutions.

The new guide was created by the content development team at Art Branch, Inc. and is the result of extensive research on popular Canadian credit cards. The guide was published on CreditCardReview.ca, which presents in-dept reviews of credit cards available to consumers and small businesses in Canada. The section was added in response to requests from visitors and features reviews and comparisons of low-interest credit cards.

“Affordable credit is very important for Canadian consumers and small businesses; however, many can’t borrow funds at reasonable rates. Canadians who are looking for credit but are unable to get an unsecured credit line from their bank may want to look at low-interest credit cards,” said John Wilson, marketing consultant at Art Branch, Inc.

The new guide presents 17 low-interest credit cards offered by AMEX, VISA and MasterCard. Costumers have the opportunity to compare interest rates and annual fees and will find a comprehensive review for each product.

Some people have fair or less-than-perfect credit scores, and this makes them unlikely candidates for a low-cost credit line from their bank. While there are better borrowing options than a credit card, a low-interest card is a good choice compared to payday loans and other products with extremely high interest rates. Some people villainize credit cards, and there are urban legends and annoying myths about them. The truth is that using a low-interest card can help people in lean days. Financial setbacks happen for many reasons – death of a partner, major illness, demotion, and divorce. Even the rich and famous have been hit by tough times, and some celebrities live under huge amounts of debt. While an emergency fund can cover financial gaps, few people can afford such luxuries. A low-interest credit card is a good option for people who are coping with a major, life-changing event. It is not a tool to rectify one’s financial woes, but it allows recession-hit people and those in financial straits to borrow at reasonable rates.

About CreditCardReview.ca: CreditCardReview.ca is a Canadian credit card directory that offers information on the major banks and credit cards in Canada, along with many useful credit card related articles and guides.