Business

NJ Shoppers Love Their Credit Cards
NJ Shoppers Love Their Credit Cards
NJ Shoppers Love Their Credit Cards
Put into perspective, if you owe $3000 on a credit card with an interest rate of 28%, and you made payments of $100 (interest plus 1% of the balance) it would take you almost 7 years to pay off the debt. Your interest payments alone would be over $3700.

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