TotalDebtRelief asked:
www.totaldebtrelief.net uses a pitcher and a glass of water demonstrate the effects of minimum credit card payments. This video uses a simple analogy to describe how the average American is throwing away their money to the credit card companies. Visit totaldebtrelief.net for more information on credit card debt relief.
Marie
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The balance in 20 years or so instead of 142 month it should be more like 175 one thing you will never pay off the balance in 20 years or so instead of stuff year.
The numbers higher but the debt is still catastrophic.
The 10 in the problem is compounded when they fall victim to the first place.