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Today's Math Problem?
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What's the minimum payment?0
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What is your real question or statement/warning? (Which continent do you identify with?)If you only pay the minimum on your credit card and the rate is over 17%. If your balance is £1,000, how close to bankruptcy are you?1 -
If you're earning and/or have assets, not at all close.If you only pay the minimum on your credit card and the rate is over 17%. If your balance is £1,000, how close to bankruptcy are you?
If you've no income and less than £1000 in assets, very close.
Not sure there's any maths in this though.0
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