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If you  only pay 2 percent of your total balance due every month, it would take 28 years and you will end up paying  $5897 in interest for a  2,500 t.v

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Credit companies usually make huge profits by offering teaser rates and low minimum payments.

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Credit card companies want you to be in debt, because that's how they make their money.

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If you only paid 2% of your debt, it would take 28 years to pay off a $2,500 liability.

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A minimal credit card calculator will tell you you total cost with minimal payments, how many payments it will take to pay off the total cost and how different rates will affect the total cost.

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low monthly payment offers will usually cost you a lot more money.

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You should pay with cash so you have more money leftover than you would've had if you paid with a credit card.

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when you look at the long-term consequences, the low monthly payment offers will usually cost you a lot more money.

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Credit cards provide emergency founds for a major car accident or another critical situation and allow you to recover quickly in a time of need

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Even if you can't pay the full bill, you can still pay more than the minimum payment to have smaller interest charges

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its a good idea to learn how much a credit card transaction would  cost before going through your purchese.

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if you dont pay off your credit card at full at the end of each month credit card company can charge you way more interest on every thing
you buy

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Credit Companies usually make huge profits by offering teaser rates and low minimum payments

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Credit companies offend make huge profits by offering teaser rates and low payments

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If you make smaller payments try to pay at least $10 over the minimum payment and only charge items that you can afford. You can save thousands of dollars in interest

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A lot of people are tempted to use their credit card by advertisements, but in the long term, the monthly payment will cost you more money.

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Lily                                               

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Lily                                               

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If you rely on making smaller payments, charge items that you can actually afford, doing this can save you so much money in interest charges.

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credit card company make it seem like a deal but really the company is just try to tax you interest to make money by saying you only have to pay $30 a moth but every month they tax you interest on the money you did not pay

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A $2500 TV would amount to $8397 over 28 years if you only paid the minimum of $50 each month.

In other words, don't just pay the minimum cost, or you're gonna have a bad time.

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When you get a credit card it may seem like good idea to pay a low payment every month but really it's not they get you on interest and everything you buy

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It will take 28 years to fully pay off a $2,500 tv if you only pay 2% total every month. You will end up paying $5897 interest.

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Credit card companies make their money by keeping you in debt. The longer it takes for you to pay them, the more money they will make. you need your money more than they do.

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If you paid only 2 percent of your total balance due every month, it would take 334 months to pay off your debt.