Friday, November 4, 2016

The psychological trick that makes it harder to pay off your credit cards

Too many Americans, it seems, have a broken understanding of what the minimum payment on their credit card means and what purpose it serves.
from the Washington Post

A shopper from Rhode Island said:
"I can't get it through my thick head
if I can pay less
on American Express,
what is there I have to dread?"

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