One simple fact that many people do not realize is that, with the way most credit card company’s calculate minimum payments now, there is a direct link between your interest rate, or APR, and your monthly minimum payment. In other words, a higher interest rate usually means a higher monthly payment, while a lower interest [...]
Entries from December 2008
Lower Interest Rates, Lower Payments on Credit Cards
December 15th, 2008 · No Comments
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