How Does Credit Card Debt Accumulate?

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How Does Credit Card Debt Accumulate? – This is a place for the community to provide tips and advice on How Does Credit Card Debt Accumulate?. This topic was created by Matt Carnal and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - How Does Credit Card Interest Work?

Published: 9 years, 4 month(s) ago | Submitted by jorgejarai | permalink

If you own a credit card, you have probably asked yourself: how does credit card interest work? We figured it would be helpful to explain exactly how it works.
Tags: Budgeting,Credit Card Debt,Credit Scores,Get Out of Debt,interest,credit,card

For further reading: http://blog.readyforzero.com/how-does-credit-card-interest-work/ ^[1]

Tip 2 - Understanding Credit Card Interest

Published: 9 years, 4 month(s) ago | Submitted by One Logestic | permalink

Paying these rates can impact your disposable income and your investment returns.
Tags: interest rate,annual percentage rate,credit cards,mortgage,debt,warren buffett,money management,george soros,peter lynch

For further reading: http://www.investopedia.com/articles/01/061301.asp ^[2]

Tip 3 - Are You at Risk for Credit Card Debt Trouble? | Nolo.com

Published: 9 years, 4 month(s) ago | Submitted by NOKASHE | permalink

In order to avoid excessive credit card debt, pay attention to these red flags.

For further reading: http://www.nolo.com/legal-encyclopedia/are-you-risk-credit-card-debt-trouble.html ^[3]

Tip 4 - 5 Strategies to Pay Down Credit Card Debt

Published: 9 years, 4 month(s) ago | Submitted by Jagadbandhu Practtioner Jacques J Teunissen | permalink

Paying down credit card debt requires changing your habits.
Tags: Jim Wang,Wang, Jim, strategies, , budget, saving, personal finance,credit cards,money,personal finance, investing

For further reading: http://money.usnews.com/money/blogs/my-money/2012/04/23/5-strategies-to-pay-down-credit-card-debt ^[4]