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The Impact of Extra Purchases When Carrying a Balance on a Credit Card
Christopher Costa 1 min read
The Impact of Extra Purchases When Carrying a Balance on a Credit Card

Carrying a credit card balance is not a win in your financial journey. Adding additional purchases that increase that balance turns into a death spiral. It this video we show how an additional purchase that adds to the balance of a credit card moves to the end of the monthly payments. These extra purchases quickly turn into multiples of the original purchase price, but I'm sure the credit card company will catch on to how you are making their bonuses huge and tempt you with more debt options.