Credit Card Debt: When It Helps and When It Hurts

Quick Answer: Credit card debt hurts when making minimum payments due to interest creep that can turn a $5,000 balance into over $11,000 across 20+ years. Even paying an extra $50-100 monthly beyond minimums can save thousands in interest charges and hidden fees.Debt Is Sneakier Than You ThinkI once had a client who thought he …

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