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5 Ways Your Credit Card Could Be Damaging Your Financial Health

While it’s cool and convenient to carry a credit card, it’s really a double-edged sword that could be damaging your financial health. Here’s how.

HIGH INTEREST COSTS

Your credit card is probably the most expensive form of debt you can take on (ranging from 25% to 30% per annum). Missing a payment can suddenly make your purchase that much more expensive.



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