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Are Credit Card Comparison Sites Really Good?
By admin | February 17, 2008
Credit card comparison sites are currently very popular. If you by chance try a search for phrases like “credit card comparison” or “financial products” in Google, for instance, then it is very likely that that the first page of results would all contain comparison sites, with perhaps one or two financial provider sites thrown in for good measure! What is more, this is true to a lot of financial searches and not just those for the phrases mentioned above, but the idea is that comparing the available credit cards has never been so easy… the question remains: is that a good thing or not?
To be quite frankly with you, my answer would be no in most cases. There are several nice comparison sites out in the web that do ask you what you are looking for and provide the best results to suit your expectations, needs and circumstances to the fore, but it should be mentioned that the majority of them don’t. Instead, they push the most popular cards, or their most influential partners in some circumstances. When you are looking for the best credit cards options for you then this actually quite the opposite of what you need. However, it is a sure fire way to run up debts in a very short amount of time.
Everybody else may wax lyrical about how great and useful comparison sites are, all credit cards comparison sites, but I am not going to do that. There are a couple that are truly brilliant but the rest is useless, and I really mean it! Make sure that you find a good credit card comparison site if you do want to find the best deals, because a little further down the road you will be happy that you did so!
Topics: Credit Cards, Financial Advice, Personal Finance, Student Finances, Uncategorized |
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