Commercial and bankruptcy law expert Professor Gregory Germain provides insight into low APR credit cards, noting “I think the Motown group The Miracles gave the best answer to this question: “My mama told me, you better shop around (shop, shop). Oh yeah, you better shop around.” This applies not just to credit card interest rates but all credit card terms, including cash back offers, annual fees and other charges and credit limits.” Read his full answer to What can people do to increase their odds of getting lower APRs on their credit cards?
Germain also answers the question, What are the possible advantages and disadvantages of adding authorized users to a primary credit card with regards to earning rewards? “When I teach commercial law, I tell my students that we have another name for someone who guarantees a debt for a friend or relative. We call the guarantor ‘a fool with a pen.’” Read his entire answer here.