Welcome to the credit card section at SUKEY.

A credit card is a small plastic card which a bank, building society or other lender will let you pay for things with.  Remember you will have to pay back the money.  It is best to pay your balance in full, otherwise you will eventually have to pay interest on the card and have to pay even more money than you spent back!  Obviously if you have a good enough credit file, you may be able to get another credit card with a lower or even 0% interest rate, to pay off and cancel the first higher interest rate card.

Due to the "credit crunch" it is more difficult to get credit cards even if you have a good credit rating.  First of all it is best to check your credit file to make sure that when the lender searches it they are likely to lend to you.  Otherwise the lender creates a "footprint", which happens every time you apply for credit and makes it even less likely for the next lender to want to lend to you!

Remember don't borrow more than you can afford to pay back!