Credit Card Bills That Shock People After Year-End
• Many people are shocked by year-end credit card bills due to overspending and hidden fees.
• High interest rates and deferred payments contribute to unexpected credit card debt.
• Creating a budget, tracking spending, and paying more than the minimum can prevent bill shock.
Unexpected credit card bills after the holidays
The holiday season is a time of joy, celebration, and often, increased spending. As the New Year dawns, many people are met with a harsh reality: credit card bills that far exceed their expectations. This phenomenon is not uncommon, and understanding why it happens is the first step towards preventing it.
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