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    Tips to help you get a credit card right for you

    7:03 AM, Feb 5, 2013   |    comments
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    LITTLE ROCK, Ark. (KTHV) -- The crunch on credit cards is easing and now may be the time for you to start thinking about getting a credit card. 

    Joining us on "THV 11 News This Morning" with things to consider when applying for a card is Dr. Jane Wayland, Dean of the UALR School of Business.

    New legislation has passed allowing for retailers to charge a checkout fee up to 4 percent. Right now, retailers are unlikely to charge this.

    Credit is easing now, and it may be a good time to apply for a card.

    If yes, there are some things you need to consider:

    Rewards should match your shopping habits Interest rates and fees should be reasonable Terms should be easy to understand

    Other things to keep in mind should you decide to get a credit card.

    Pay off your balances
    Understand all the rewards on your card and use them Read the fine print and understand all the costs of the card

    A site that rates credit cards:

    http://www.cardratings.com
    http://www.creditcards.org/
    http://www.nerdwallet.com/blog/

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