[Lorianne]

https://www.usatoday.com/story/money/2017/06/14/why-your-credit-card-debt-get-more-expensive/102813058/?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=usatoday-newstopstories

[MrNJ]

The credit card interest rates only affect those who buy stuff they cannot afford to begin with, aka “irresponsible” (left speak: “underprivileged”).

[KarlInOhio]

Summary: The Federal Reserve raised its interest rate by a quarter percent. World ends tomorrow.

Now if you owed a lot, let's say $20 trillion, a quarter percent more interest would cost $50 billion more per year. Thanks Obama. Thank Bush.

[DoughtyOne]

Thanks so much for your support to this point... I personally apprecaite it...
FReepers, it's time to wrap up this FReep-a-thon.  Lets do it...

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Ramirez political cartoon: United and Undaunted LARGE VERSION 06/15/2017: LINK  LINK to regular sized versions of his political cartoons (archive).

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...this is a general all-purpose message, and should not be seen as targeting any individual I am responding to...

Just $455.00 dollars to 99.00%

[RedStateRocker]

Who cares? Carrying credit card debt is stupid in the extreme.

[Lorianne]

date should be 14 June 2017

[AlaskaErik]

I use my credit cards for everything. But I also pay them off in full each month. Right now I have over 182,000 airline miles, courtesy of those who don't pay off their balance in full each month.

[trebb]

Not for those of us who pay it off each month....

[markomalley]

Good thing I don’t carry a balance.

[gunsequalfreedom]

Why your credit card debt is about to get more expensive.

Not me. Debt free!

[dragnet2]

My advise to everyone...Stay far away from debt...Debt is slavery.

[dragnet2]

My advise to everyone...Stay far away from debt...Debt is slavery.

[MarineBrat]

When you pay for things using cash you are financing the “points” that my credit card gives me each year.

Using a CC and paying it off in full every month is cheaper than paying for everything with cash. Right or wrong, that’s the way the system works.

[TomGuy]

Not mine.

I pay the balance off each month.

There have been some occasions — decades ago — when I carried a balance for a few months, if I had a major expense — usually auto related.