A person in a black suit makes a small measurement gesture with their fingers against a dark background, hinting at the concept of minimum payment.

Minimum Payments Now Really Equal Maximum Payments, in the Long-Run

Credit Cards / / ,

Paying so-called minimum payments now actually ends up costing you more – a lot more – over the long haul. The math behind some of the calculations that determine your interest rate can be tricky. And I won’t get into all the complex, and sometimes mind-boggling formulas that are used to calculate your Annual Percentage […]

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