February has arrived and the bleakest financial month (January) is behind us. But we still need to be very careful when using and paying off on credit card. The payments required by the card company may appear to be getting smaller even though our spending has not. This is because card companies have been sneakily reducing the minimum amount they require customers to pay each month. The minimum credit card repayment used to average 2.15% of the amount outstanding. This now they are down to 1.53%, according to figures from the TotallyMoney comparison website. This is not good news. While […]
