Unformatted text preview: The way that people take into consideration the purchase of a new home should also be put towards the way credit cards are used. Credit cards also can carry a high interest rate, as a purchase of a new home would. It is important to shop around for low interest credit cards, so that we are not paying so much towards finance and interest rates. Therefore we would be paying more towards the principal. This would allow the principal balance to get paid of faster, and your interest rate may even be lowered....
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This note was uploaded on 12/02/2010 for the course COM155 com155 taught by Professor Rebecca during the Fall '10 term at University of Phoenix.
- Fall '10