If you put a purchase on a charge card, you're paying it off forever. You have to know how to pay it off before you go deeply in debt. — Gregory Meeks Copy Share Image
“Say you owe $7,000 on a credit card. You’re paying 18 percent interest and making the minimum monthly payment of $280. If you continue to pay the minimum, it will take you 11 years and 8 months to pay off… — Teresa Ghilarducci Copy Share Image