INTEREST CREDIT CARD

Since the 50s the credit card is being used increasingly often and this percentage is rising today use has been crucial.

The most commonly used cards are: Visa, Master Card, Maestro, American Express, Diners Club

Many people do not know how the interest is very high, and may even turn a snowball on a daily basis.

Over 95% of people are unaware of interest rates, it's an addiction that humankind has to pay all minimum and when the person will see at the end will be paying more than twice his actual purchase.

In an invoice of R $ 3,000.00 if consumers choose to pay 20% of this amount (R $ 600.00) considering the annual interest rate of 347.5%. After seven installment debt will be settled at R $ 4,251.35 representing over R $ 1,200.00 That's right do not be alarmed nearly half of the actual purchase value and it just 07 times

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