KTIV Mad Money October 29, 2015
Im not one of those that believe credit cards are evil. But i acknowledge the facts and the facts are these. If you have Credit Card Debt, you are paying a high Interest Rate on that debt. Were talking rates that are loan shark rates. To be fair to the credit card industry, they wont break your kneecaps if you dont pay them back. Like many aspects of personal finance, i have brushed up against the down side of credit cards. In between college and law school, i owed a huge amount to various creditors, so i had very little left to live on. Initially because of a bad break, i ended up living in m...