Читать книгу Financial Adulting - Ashley Feinstein Gerstley - Страница 59
Priority #3: High-Interest Credit Card Debt
ОглавлениеCredit cards come with interest rates that are often as high as 15–30%. Holding a balance on your credit cards costs you money in interest. If you make $100 monthly payments on a credit card with a $5,000 balance and an interest rate of 20%, you'd pay the card off in nine years and pay $5,840 in interest. Yikes! This is not to depress you or make you feel guilty, just to show that this is why paying off high-interest credit cards should be high on your priority list.