Comment on Only 39% of Cardholders with Credit Card Debt Know this Important Piece of Information

Only 39% of Cardholders with Credit Card Debt Know this Important Piece of Information

While credit cards can be extremely useful, they also have their risks. If you don't keep control of your spending, you can end up carrying a balance and getting charged interest, something that happened to two-thirds of cardholders over the last six months.And here's where it gets even worse-- according to a recent CreditCards.com survey, only 39% of those cardholders were sure about the annual percentage rates (APRs) on all their credit cards.

 

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