MnSpring
Serious Thumper
   
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Younger than most people my age.
Posts: 10592
Minn
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Try this a different way. You have a CC, you charge 200.00 you pay, (this month), the 25.00 Min. Next month you charge, 200.00, you pay, the 25.00, on the 360.00 (5.00+ each month is interest)
A year, goes by, each month you charge, 200.00, and pay, 25.00. You now have 2,160.00 in debt. (Actually more, because, the more borrowed, the more interest)
But hay, you ONLY, have to pay 25.00.
Some people think that is OK. Some people, don’t think so.
What do you want, your, Government to do ?
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Ben Franklin once said: "If you give up a freedom, for the sake of security, you will have neither". Which is More TRUE, today, than yesterday.('06, S-40, Stock) well, mostly .
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