Credit Card Victim

Say you have $3,000 in debt on a credit card with a 15 percent interest rate. If you only pay $75 per month on the card, and you never again add to the card’s balance, you’ll pay off the card in 18 years. And you’ll also pay $2,757.81 in interest! Ouch.

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This entry was posted on Monday, March 28th, 2005 at 11:10 pm and is filed under Credit Card News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.