Money Coach

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Damn Credit Card Debt – but why are we such ready slaves?

2017-12-15T19:04:25+00:00

The total UK credit card debt in January 2017 was £66.7 billion. That works out to £2470 per household. For a credit card with the average interest rate of 18.9%, it would take 25 years and 10 months to repay if only the minimum repayment was made each month. This would start at £59 per [...]

Damn Credit Card Debt – but why are we such ready slaves? 2017-12-15T19:04:25+00:00