Скачать или смотреть Why Does Credit Card Interest Make Purchases More Expensive?

Ever wonder why a great deal on your credit card sometimes ends up costing more? This video breaks down how credit card interest silently inflates the price of your purchases, turning a good buy into an expensive mistake.

Discover the essential truths about credit card interest to protect your wallet:
► Learn how the Annual Percentage Rate (APR) and daily/monthly calculations lead to higher costs on your outstanding balance.
► Understand the powerful effect of compounding, where you pay interest on previously accumulated interest, accelerating your debt.
► Discover the most effective strategy to avoid interest charges: paying your full statement balance on time.
► Learn about the grace period and how to use it to your advantage to make interest-free purchases.
► Gain practical tips to manage your credit card effectively, ensuring you only pay the advertised price for your purchases.


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