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    Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T!

    As a final comment on credit cards, let me ask you a question. Why do you

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    I have to admit something. I got a real shock today. You see, I just received my latest credit card statement. Today, for the first time in a long time I took a good hard look at it. Normally, I just look at the transactions, check them off and pay the damn thing. Today I read everything.

    For some reason I had it in my mind that the current interest rate was somewhere around 15%. That is EXPENSIVE, particularly if you have a large amount owing. I kept scanning the card trying to find the exact interest rate that I was being charged on my purchases. Eventually, I found it. There it was - on the BACK of the statement. It wasn't 15%. No. It was 19.24%!

    My eyes widened. 19.24%? When did it reach THAT ridiculous rate?

    You have to admit that an interest rate of almost 20% is absolute daylight robbery. Who else but a bank or a finance company could get away with this sort of thing. It's mercenary. I can only think of two - a store with its own store card and a "pay day lender."

    Needless to say, you would be very unwise to have a store card or engage a pay day lender. I believe that some store cards run interest rates at over 30%. Ouch!

    Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T!

    As a final comment on credit cards, let me ask you a question. Why do you t

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    or some reason I had it in my mind that the current interest rate was somewhere around 15%. That is EXPENSIVE, particularly if you have a large amount owing. I kept scanning the card trying to find the exact interest rate that I was being charged on my purchases. Eventually, I found it. There it was - on the BACK of the statement. It wasn't 15%. No. It was 19.24%!

    My eyes widened. 19.24%? When did it reach THAT ridiculous rate?

    You have to admit that an interest rate of almost 20% is absolute daylight robbery. Who else but a bank or a finance company could get away with this sort of thing. It's mercenary. I can only think of two - a store with its own store card and a "pay day lender."

    Needless to say, you would be very unwise to have a store card or engage a pay day lender. I believe that some store cards run interest rates at over 30%. Ouch!

    Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T!

    As a final comment on credit cards, let me ask you a question. Why do you

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    as - on the BACK of the statement. It wasn't 15%. No. It was 19.24%!

    My eyes widened. 19.24%? When did it reach THAT ridiculous rate?

    You have to admit that an interest rate of almost 20% is absolute daylight robbery. Who else but a bank or a finance company could get away with this sort of thing. It's mercenary. I can only think of two - a store with its own store card and a "pay day lender."

    Needless to say, you would be very unwise to have a store card or engage a pay day lender. I believe that some store cards run interest rates at over 30%. Ouch!

    Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T!

    As a final comment on credit cards, let me ask you a question. Why do you

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    this sort of thing. It's mercenary. I can only think of two - a store with its own store card and a "pay day lender."

    Needless to say, you would be very unwise to have a store card or engage a pay day lender. I believe that some store cards run interest rates at over 30%. Ouch!

    Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T!

    As a final comment on credit cards, let me ask you a question. Why do you

    Signs of a Legitimate Debt Settlement Company
    According to recent studies, the average American household has nearly 20 debit and credit cards, with an average of $500 charge on each one; and due to the 2005 Bankruptcy Abuse and Consumer Protection Act it’s making it harder than ever for consumers to hav
    Payday lenders, somehow, are able to get away with rates as high as 10% per week. I'm not even going to comment on that other than to say that if you are contemplating using a pay day lender then - DON'T, just DON'T!

    As a final comment on credit cards, let me ask you a question. Why do you think that banks only want you to pay the MINIMUM amount off your credit card every month? Think about it...

    3... 2... 1... Bzzzz. Time's up. What is your answer?

    The answer is - because if you do that you will take MUCH longer to pay the money back and they can KEEP charging you the exorbitant interest.

    The whole credit card scam - I mean, scheme - is designed to keep you shackled to EXPENSIVE debt for as long as possible.

    Make it your mission to get out of that trap as quickly as possible. It is one of the BIGGEST leaks in your financial wealth bucket.

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