We all know that the unwise use of credit cards can severely damage your wealth. With most cards boasting APRs of 11% or more, they’re an expensive way to borrow and with many finance companies offering ridiculous levels of credit, it’s perfectly possible to achieve a quite scary level of debt, even for those on relatively meagre salaries. It’s therefore perhaps not surprising that personal debt (including mortgages) in the UK is currently over £1.1 trillion, and growing fast.
The following tips could help you get the most from credit cards:…
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