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6 March, 18:41

Why is credit card debt often considered to be the most dangerous type of debt for consumers?

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  1. 6 March, 18:45
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    Im not sure if this is completely true, i only studied debt and credit / debt cards for about a month, but if im not mistaken then i think it is because when paying with a credit card there isn't exactly a limit of purchase and you could get into A LOT of debt with thay but also because of interest rates when paying off the debt, but it sometimes also depends on your bank and their policies about the credit card.
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