Imagine a credit card that asks for at least $50 when you owe $2,000, but only $40 when you owe $1,600. The required payment falls as the debt gets smaller. That does not mean you have nearly paid it off.
money
Imagine a credit card that asks for at least $50 when you owe $2,000, but only $40 when you owe $1,600. The required payment falls as the debt gets smaller. That does not mean you have nearly paid it off.
The rest of this one is in Curio Pro.
Source: americanexpress.com
Read the rest in CurioMystery, Smart Money and Startup Lessons are part of Curio Pro.