Credit Card 101: Understanding Interest Rates and How They Affect Your Wallet

Credit Card 101: Understanding Interest Rates and How They Affect Your Wallet

Credit cards have become an integral part of our financial lives, offering convenience and flexibility when making purchases. However, it is essential that you understand the key aspects of credit cards, especially interest rates, as they can significantly affect your financial well-being. In this article, we look at the basics of interest rates and how…