Beware of credit card traps! How to avoid high interest, debt trap & more: FAQs answered
Thursday, 18 January 2024 This article discusses the risks of credit card usage, including high interest rates and the story of a veteran banker who faced charges due to a small oversight in his credit card bill. It emphasizes the importance of understanding credit card intricacies, making timely payments, and avoiding excessive interest charges to prevent falling into a credit card trap.
Survey Details , Credit Card Debt , Facing 56 Million Cardholders.
CBS reports that recent data suggests nearly
half of all consumers in the United States
are living with credit card debt.
According to a new survey by Bankrate, 49% of
credit card users have a balance from one month to
the next,...
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