Pay Less in Interest By Demystifying Debt on Your Own
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You may not realize it, but carrying debt, especially credit card debt is expensive. You're not just paying back the amount you're borrowed. For the convenience of paying back the balance over a period of time instead of all at once, the creditor charges you interest. Credit card interest rates are typically higher than rates on loans, which is why credit cards are more expensive.Source: http://ezinearticles.com/6762924
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