Did You Know?

IF YOU CARRY ONLY $5,000 in credit card debt AT THE NATIONAL AVERAGE OF 18%, BY PAYING YOUR MINIMUM PAYMENT EACH MONTH, IT WILL TAKE YOU APPROXIMATELY 9 YEARS TO PAYOFF EACH $1,000 AND YOU WILL PAY THE BANKS $1,800 FOR EACH $1,000 YOU OWE. THUS, $5,000 WOULD TAKE ABOUT 45 YEARS TO PAY!