Money Management Tip for Paying Down Your Credit Cards
By Bankruptcy Attorney on Mar 12, 2007 in General Bankruptcy Information
This may be a web site for bankruptcy information, but it doesn’t mean you are ready to file. If you are just looking into bankruptcy, but still considering trying to payoff your debt, then consider the following tip.
Let’s say you have a $4,000 account balance with an APR of 22.2%. If you pay just $10 more than the minimum payment by the payment due date each month, you could save over $4,800 in interest.
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