This is because the
average consumer not only says a big, fat «No, thank you,» to the opportunity to do
extra mathematical calculations, we are also under the false impression that making minimum payments was more
than enough to get out of debt in a reasonable time frame.
They must be more vigilant
than the
average consumer to make sure that they're not slapped with
extra fees or getting unexpected interest rate hikes, says Molly Brogan, spokeswoman for the National Small Business Association.