19/09/2024
💳 Understanding Credit Card Interest and Charges 💳
Did you know that a $5,000 credit card debt could take over 14 years to pay off if you only pay the minimum amount? 😲
Avoid letting interest charges pile up and take control of your finances today! 💪
🔹 Credit cards are a form of borrowing, and not paying in full can lead to hefty interest rates.
🔹 Interest is charged daily, and any unpaid balance from your last statement will continue to accrue charges.
Find out more on how to manage your credit card effectively and avoid long-term debt with FlexiFunds.
