Credit cards are commonplace, and more than eight out of every 10 adult Americans have one in their wallet. These accounts make spending money relatively easy. All you need to do is swipe the card and get your product or service and then worry about paying the debt back later.
However, credit card minimum payment structures typically keep consumers in debt for a significant period of time. That, combined with high interest rates, can make seemingly convenient credit card purchases quite costly. But just how expensive is credit card debt?
Find out how fast you could get out of debt today.