Rosco532 wrote:I 'm in the middle of reading some banking news, and came across this stat....
) According to the credit card repayment calculator, if you owe $6000 on a credit card with a 20 percent interest rate and only pay the minimum payment each time, it will take you 54 years to pay off that credit card. During those 54 years you will pay $26,168 in interest rate charges in addition to the $6000 in principal that you are required to pay back.
Sorta puts you off using your cards....AY !!!!!!!!!!!!
DISCIPLINE.....Is the keyword when you use one of these things
Rosco532 wrote:going into my bank and getting me one of those cards Gypsy.....
MDC wrote: He took the signed merchant copy and lodged it with an extra 1 in front of the amount I had previously signed.
I left no room for the extra words - the dishonest cabbie decided to write the "One hundred and" above my entry!!
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