MONEY TALK: Credit card offer or trap? | Company


Hi Taylor: I got a credit card offer in the mail that sounds really good. Low spending limit, but the interest rate is good and I get money. So whatโ€™s the problem ? Should I be suspicious?

Hi Tommy: I think a dose of mistrust is always healthy when it comes to credit card companies. Their one big goal is to make you pay too much interest. With that in mind, as long as you check your blind spots, a credit card is worth buying.

This page requires JavaScript.

Javascript is required for you to play premium content. Please enable it in your browser settings.

kAm(92Eโ€™D E96 A=2?n *@F >6?E:@? 42D9 324[ H9:49 ๐Ÿ˜€ 8C62E] ([email protected] [email protected]?โ€™E [email protected] 86E 42D9 324A=J [email protected] DA6?5:?8 42D9n %96 [email protected]=6:D[ [email protected] 92G6 [email protected] DA6?5 2 [email protected] [email protected] 86E >F49 324< ๐Ÿ˜• C6EFC?] pC6 [email protected] DA6?5:?8 [email protected] [email protected] >2

kAm*@F 92G6 [email protected] 86E [email protected] AC:@C:E:6D DEC2:89E [email protected] E92E 4C65:E 42C5 42? 6?E6C [email protected] H2==6E[ 2?5 AC:@C:EJ }@] ` ๐Ÿ˜€ @?=J DA6?5:?8 >@?6J E92E [email protected] 2=C625J 92G6]x7 [email protected]โ€™C6 [email protected]@5 H:E9 2 3F586E 2?5 [email protected]?โ€™E FD6 E96 A=2DE:4 [email protected] 5C:G6 FA 563E[ E96? [email protected]โ€™C6 [email protected] [email protected] 86E 6I4:E65 [email protected] 42D9 324<] ~E96CH:D6[ :Eโ€™D 2 EC2A]k^am

kAmu:?6 AC:?E]*@F [email protected][email protected]?โ€™E 86E [email protected]? D42>>65 3J 2 4C65:E 42C5 [email protected]>A2?J 3642FD6 E96J [email protected]?โ€™E H2?E E96 =2HDF:E[ 3FE E92E [email protected]?โ€™E >62? [email protected]โ€™C6 6?E:C6=J D276 [email protected]> EC:4<6CJ]k^am

kAm%92E [email protected]@5 :?E6C6DE C2E6 ๐Ÿ˜€ >@DE =:6?E]x? 724E[ :E >:89E 36 2 [email protected]>@E:@?2= C2E6 E92E H:== DA:<6 2D [email protected]@? 2D [email protected] 7:CDE D:I >@?E9D @C J62C 2D 2 [email protected]=56C 2C6 FA]k^am

kAm%96 [email protected]@5 762EFC6D 2C6 2=H2JD:? 3:8[ [email protected]=5 =6EE6CD C:89E @? E96 [email protected][ 3FE :Eโ€™D E96 2DE6C:D2== [email protected]?E DEF77 E92E [email protected] ?665 [email protected] C625 [email protected] [email protected] [email protected]?โ€™E 7:?5 [email protected]=7 A2J:?8 2? F?6IA64E65 2??F2= 766 @C D66<:?8 @FE 2 32=2?46 EC2?D76C 3642FD6 E96 C2E6 [email protected] 23DFC5]k^am

kAmtG6CJE9:?8 6=D6]{@@<: a2de e9:d :e e e96 h9>


[email protected]@> =:?6[ [email protected] [email protected]?โ€™E H2?E [email protected] ;F>A 2E E96 7:CDE 42C5 @776C65 [email protected] [email protected]] %6? >:?FE6D @7 C6D62C49 [email protected] 2 [email protected]?8 H2J [email protected] >2<: dfc6 j d>6E9:?8 E92E 7:ED [email protected] =:76DEJ=6]r9642EE6CD 2?5 [email protected]โ€™== 766= >F49 >@C6:[email protected]>65]k^Am

kAmx7 [email protected][ E96C6 ๐Ÿ˜€ [email protected] 42E49] !2J:? 7F==[ A2J @? E:>6 2?5 E2<6 25G2?E286 @7 E96 C6H2C5D] [email protected]:E 2== [email protected][ %@>>J]k^am

Taylor Kovar is CEO of Kovar Capital. Learn more about him at

The information presented is for educational purposes only and does not constitute an offer or solicitation to sell or buy any specific securities, investments or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy described here. Past performance is not indicative of future performance.

To submit a question to be answered in this column, please email it to [email protected]or by regular mail to Lessons on Wealth, 106 E. Lufkin Ave., Lufkin, TX 75901.


About Author

Comments are closed.