hunt.jennifer•16d agoProlific Poster

I found out my credit card interest was way higher than I thought

I was looking at my statement from Capital One and finally did the math on the 24.99% APR. I always just paid the minimum, but that rate means a $1,000 balance would cost almost $250 in interest a year if I didn't pay it down. I found this out on their own website's calculator tool. Has anyone else been shocked by how much interest they're actually paying?

3 comments

3 Comments

charlieh7416d agoMost Upvoted

My friend had a total meltdown over that.

hannahj4916d ago

I see it differently, @charlieh74.

hannah_craig16d ago

Yeah "total meltdown" is a bit much. People get too worked up over small stuff. It's not that deep lol.