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Isn’t it true that credit is OK if they give me a low interest rate?

April 26, 2017credit isn’t low interest Ok rate

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Isn’t it true that credit is OK if they give me a low interest rate?

1 Answer

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The credit card companies aren’t giving you anything. The only thing they are giving you is an opportunity to pay more money for items than they are worth. You still have to pay the creditors back with your own money. You simply have to pay more than the price of whatever you purchased. Using credit just makes things cost more.