There are many people that have credit cards with high interest rates on which they still hold high balances, particularly in the first half of the year following the busy and costly Christmas and New Year period. Many will also be accruing more debt on their cards over the Easter period as they take the [...]
Credit card companies charge a high rate of interest when you have an outstanding balance on your credit card. This interest is often a small amount less than the minimum payment each month so that you are paying very little on the debt each month.
Tags: credit card balance, Credit Cards, credit [...]
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