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177 – Minimum Payments on Credit Cards are Keeping You in Debt
Season 4 · Episode 177

177 – Minimum Payments on Credit Cards are Keeping You in Debt

Debt Free in 30 · Doug Hoyes

January 19, 201812m 9s

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Show Notes

If you think your finances are under control because you're keeping up with minimum monthly payments on credit card debt, think again. To become debt free, you need to pay down more of your balances. How do minimum payments work and why do they keep you in debt? And what do you do if all you can afford are the minimum payments or less? We discuss that on today's podcast.