Daily Markets - Credit Cards: The Dangers Of Minimum Repayments
Daily Markets - Credit Cards: The Dangers Of Minimum Repayments |
| Credit Cards: The Dangers Of Minimum Repayments Posted: 18 Sep 2010 07:50 AM PDT If you only pay the minimum required, it takes a longer period of time to pay off your debt, and because of interest, extending your payments over a longer period of time means that you actually have to pay more than you otherwise would. In fact, you may even end up having to pay a sum of several times the original amount due! Basics To Understand About Minimum Repayments The interest rate. You need to pay the bank interest for lending you money. If you borrow $1,000 at 20% APR over … [visit site to read more]
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| Rail Traffic Continues To Improve This Year Vs. 2009 Posted: 18 Sep 2010 07:05 AM PDT From this week’s report from the American Association of Railroads: 1. Rail carload volume increased by 5.1% in the week ending September 11 (week 36) compared to the same week last year (see chart above). 2. Intermodal traffic increased up 18.1% from the same week in 2009 (see chart above), which was also the 9th straight week of a double-digit gain above 17%. 3. This marks the 35th straight week of improvements in intermodal rail traffic compared to … [visit site to read more]
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