Credit Cards Key » CreditCardsKey » Credit Card Calculator » How do credit cards/companies really work? Great books/sites to help get out of debt?

  #1 (permalink)
: I don't understand how credit cards work once you reach your max. Let's say you reach your max at 5K, and your minimum payment is $80/mo. If you pay the 80, how much goes to principal and how much goes towards the interest?

I don't know any of this b/c I've never been in debt and I want to help someone get out of it. I/we really need the best books and or websites to learn about this and know what to do. Any recommendations would be greatly appreciated.
  Reply With Quote
  #2 (permalink)
: Its best for you to read first and understand how credit card companies do their stuff. Try MoneyHughStreet's Debt Advice. See if it works with you.
  Reply With Quote



Thread Tools

Similar Threads
Thread Thread Starter Forum Replies Last Post
Library books and collection agency debt? Bruce College Credit Card 1 09-02-2013 04:06 AM
What Companies are great for Debt Consolidation Loans? Lacie Best Credit Cards 3 08-08-2013 10:05 PM
Great Fun Trial and visa, does this work? Unknown_User Visa Card 1 01-13-2012 03:08 AM
Do visa gift cards work on all sites? SullivanZolman Visa Card 1 09-27-2011 04:07 AM
how do you apply for a credit card? great trustworthy sites? FantastiqR Credit Card Apply 2 08-08-2011 04:06 AM

Friendly Sites:

Copyright 2014, All Rights Reserved