A "HEADS UP"
Have you noticed that the due dates of your credit cards are (sliding around)changing - slowly?
If you haven't, you are paying days or (yes)weeks of interest which can be up to 43%.
NO - I'm not kidding!
The average consumer credit card debt is around $6000, and total debt (incl. mortgage) was $16,000.
Click here for official numbers
If you are making minimum payments on your cards and you are late because the bank slides the due dates around (SO THEY MAKE MORE MONEY OFF YOU), your debt will grow to staggering heights. Let's say you loose your job, your unemployment won't cover the payments and feeding your family and keeping a roof over your head, while the credit card bank is robbing you blind?
What if the same that happened to the (artifically inflated) Real Estate will happen to Credit card banks...will we the people have to bail out - again - the ones who drained us?
THINK ABOUT IT!
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