IKEA Alexandra317 Alexandra Road
(S)159965
IKEA Alexandra
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The interest is a percentage of the balance. A $100 balance at a 10% interest rate equals $10, so a cardholder will now owe $110 instead of owing $100. The interest that credit card companies charge can often add up. A person who is making only the monthly minimum payment can eventually end up only paying the interest accrued. People can easily get trapped into credit card debt because of the...
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