Minimum payments and rising debt

Options
If you pay the minimum payment on your credit card - and your credit card is NOT on a 0% deal - your debt could be rising.

This may especially be true if you are also paying for Payment Protection Insurance.

Full article at

http://business.timesonline.co.uk/article/0,,8214-1172661,00.html
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.5K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.6K Work, Benefits & Business
  • 608.5K Mortgages, Homes & Bills
  • 173.2K Life & Family
  • 248.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards