Most People Can’t Guess This Number Within $100 — Can You?

Quick test: without looking at a statement, how much does your credit card debt cost you per month in interest alone? Not the payment — just the interest. Most people guess low. Way low. At today’s average rates north of 20% APR, a $5,000 balance quietly drains around $90 a month. An $11,000 balance? Roughly … Continue reading Most People Can’t Guess This Number Within $100 — Can You?