The reason why is because when paying minimum payments only consumers can be
paying on credit card debt for the rest of their life.
If you lack enough savings for emergencies, when that unexpected bill comes along you may be forced to
take on credit card debt in order to pay for the unexpected expense.
Should the question about the interest
rate on credit card debt read «is your credit card interest rate higher than 50 %»?
What's your Plan B for making payments
on your credit card debt if your family's income unexpectedly drops or you're hit by a big, unexpected expense or some other crisis?
If you were looking to walk away from your obligations, then you would probably be reading on a bankruptcy website, verse reading
on a credit card debt relief program website.
Debt consolidation can help you reduce your interest rates and monthly payments
on credit card debt by combining all cards into a single monthly payment.
High interest rates
on credit card debt do not help the situation either but credit cards are still popular in the city.
With the average interest rate
on credit card debt over 12 %, you'll be lucky to match that in the stock market once in your life.
Although it is advisable to pay off the high interest rate debt first but the amount
on credit card debts keeps on piling up unnoticed.
This is why you get into situations where you feel like you're paying
on credit card debts forever and getting nowhere fast... because that's exactly what is happening.
Phrases with «on one's credit card debt»