GREENSBORO, N.C. — The average credit card interest rate is about 22%. That’s a 22% charge on top of what you owe, month after month.
“That’s the thing about interest. It just makes every purchase you make cost more money. So if you go into credit card debt, you’re actually spending so much more for all of those day-to-day purchases,” said Sara Rathner, NerdWallet Credit Card expert.
When paying off your credit card every month isn’t an option, how do you get out of paying all that interest? I mean, it’s not money you spent, but you’re having to pay it, right? The trick is to get ahead of your due date…