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(Download) "How To Repair and Manage Your Credit" by Adrian Robinson # Book PDF Kindle ePub Free

How To Repair and Manage Your Credit

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eBook details

  • Title: How To Repair and Manage Your Credit
  • Author : Adrian Robinson
  • Release Date : January 22, 2015
  • Genre: Personal Finance,Books,Business & Personal Finance,
  • Pages : * pages
  • Size : 355 KB

Description

One of the biggest challenges for people to overcome when they first determine to start building wealth and putting income away for their future is a hulking mountain of charge card debt developed over several years. With balances of$10,000 or $20,000 or more, at 20% and 30% interest, they find themselves paying upwards of $500 monthly in interest expense alone, never making the balance of the charge card debt decrease, adding even more defeat and pain to the cycle.


This “negative amortization” as it's addressed - that’s when you start paying interest on the interest you already owed as you didn’t make a big enough payment to cut the balance - will mostly be against the law due to recent regulations set in place over the last few years. This is precisely why you should pay off high interest charge card debt.


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