What Is a Credit Card and How Do Interest Rates (APR) Work?

Credit cards can reward you handsomely when you use them responsibly. But they also come with special risks, including eye-watering interest rates that can quickly trap you in a spiral of debt. Learn how credit cards work and how to avoid their pitfalls.

The post What Is a Credit Card and How Do Interest Rates (APR) Work? appeared first on Money Crashers.

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