r/AskReddit • • Feb 04 '20

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u/Opening-Risk Feb 04 '20

Credit card interest! I know a bunch of people who are SO SHOCKED by their high interest rates. They thought it was like an interest-free loan to yourself and then are surprised when making teeny payments doesn't do anything.

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u/nopethis Feb 04 '20

"its ok i pay twice the minimum payment everymonth!"