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“Dear Steve,
I did not realize that the interest racks up a credit card biil like it does. One late payment (about 1 hour late) has made my interest go up to astronomical proportions. I haven’t used my card in over a year. I pay regular payments, my bill goes even highr with each payment. I have probably charges about $1,200 over 5 years but my bill is over 4,000!
How can I possibly pay this credit card off? It’s like I am not even paying anything on it every month because the balance NEVER goes down. The card company said I could hve it paid off in 5 years if I paid $300 a month. Who can make that kind of payment? I am sacred to death that I will never get this thing paid off!
Susan”