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February 22, 2007

Turbocharge Your Credit Card Repayments!

We Brits certainly love our credit cards. Indeed, according to the Bank of England, we owed £55 billion on credit cards at the end of 2006.

What's more, we spend around £10 billion a month on our credit cards, according to banking payments association APACS.

One comparison that I often make is that credit cards are like razor blades. Used sensibly and correctly, they are an extremely useful tool.

However, used recklessly, they can really hurt your finances and even become WMDs: Weapons of Money Destruction!

Read more at: Turbocharge Your Credit Card Repayments!

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