Here’s what you pay in interest!
Excerpt from Moneyville article:
The interest charges on amounts owing each month is 19.99 per cent. My balance was $3,489.29 and if I didn’t use the card going forward and paid only the monthly minimum of $34, it would take me 20 years and 11 months to pay it off. The total amount paid over that period would be $8,534 – over double my original spend.
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