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The DANGER of 0% APR Credit Cards - Cyra's Story 

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Navigating the Perils of 0% Interest Credit Cards
Join Cyra from MedicsMoney as she shares her personal experience with a 0% interest credit card. Learn about the pros and cons of increased credit limits, the impact on credit scores, and the potential dangers of only making minimum payments.
00:00 Introduction and Personal Story
00:10 Credit Card Details and Initial Plan
00:59 Unexpected Changes and Their Implications
02:36 Impact on Credit Score
03:10 Potential Risks and Calculations
04:55 Advice and Personal Experience
06:10 Conclusion and Final Thoughts
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DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice and tax allowances and rates are subject to change.

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25 июн 2024

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Комментарии : 1   
@Felikios
@Felikios 3 месяца назад
25% in 1000 is 250. In 5000 it is 1250... yearly. Not monthly. So it will go up, but not 11.000 in 4 months. If you pay 50 (1%) you will be charged 100+ for the months so debt will be growing but not as much as you say. Am I not right??