Don’t Burn Money
Finance & Investing (0)
If you have credit card and you don't pay your balance in full every month you are incurring interest (as we all know). What most people don't realise is the amount of interest that they actually pay and when I found out I was shocked.
Find out what you are paying on the calculator
Say you have an Egg card with £5000 balance and you pay the minimum each month you are probably paying about £800 per year in interest!
The best way to resolve this is to get a balance transfer credit card and pay of the balance as soon as possible however ...