Monday, July 7, 2008

Sneaky Credit Card Trick #6 - Lower Minimum Payments

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).] To boost their profits, credit card companies often lure their clients by sending lucrative offers with lower minimum payments on debts. The lowered minimum payments can be as low as 2% of our owed balance.What is sneaky about lowering minimum payments?Stay away from this gimmick at all costs. Else we might

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