A $25 minimum on a $1,000 balance feels like progress. Part of it never touches the debt. The card charges interest first: some of every payment covers this month's interest before anything cuts the balance.
money
A $25 minimum on a $1,000 balance feels like progress. Part of it never touches the debt. The card charges interest first: some of every payment covers this month's interest before anything cuts the balance.
The rest of this one is in Curio Pro.
Source: consumerfinance.gov
Read the rest in CurioMystery, Smart Money and Startup Lessons are part of Curio Pro.