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High Interest Credit Cards |
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Written by Administrator
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Friday, 26 January 2007 |
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PFA suggested that my credit card bill with interest rate of 19.99% should be paid off quickly. The obvious suggestion is to pay that one off quick... But how??
It's not easy... PFA can make recommendations to help reduce that high interest rate. When the interest rate is reduced, it results in smaller interest payments. Users can then use those savings to further reduce other expenses, or to pay down that account. This is a compounding process. The more charges you reduce, the more expenses you can payoff, and then your expenses are reduced even further. |
