Credit Card interest can eat your financial lunch, if you let it. The average interest rate on credit cards over 12%, and there is almost $1 Trillion in outstanding credit card balances. Some quick math yields over $120 Billion spent annually on credit card interest. Since Interest on Credit Cards are not tax deductible, Americans [...]
Read the full article →When you got a copy of your credit report (www.annualcreditreport.com) last week, I asked you to count your tradelines. If you didn’t get your credit report yet, read this post first on how & why. If you have been using credit for more than 10 years and have no late payments, you are at a [...]
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