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February 17, 2009

Understanding Credit Card Interest

Did you know that as of 2004 the average American family holding a credit card had approximately $4,000 worth of debt on their credit cards? Even worse, the average rate of interest on this debt was an astronomical 17-20%. Yikes! It’s tough for anybody to get ahead financially with that sort of baggage. This article [...]

Filed by Paul Gu at February 17th, 2009 under Financial
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