Credit Card Interest, A Financial Curse |
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Recently I closed down my last credit card and paid the balance off. I specifically asked if the account was closed and that the account was paid in full."Yes" the customer representative said. I was very happy to close down yet another credit card. Several days later I received a written confirmation that my account was in fact closed.Two days later I received an email announcing my "new" statement was ready for this closed account. Bewildered, I went online and pulled up the account. Unbelievable! There was a statement with $128 worth of just interest with a $10 minimum payment due. Read more about this and other credit card issues at "Mad about Debt" There are so many options and terms. Debt consolidation, debt elimination, debt reduction... On and on it goes. What is the right next step for you? Read more |
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