STOP Falling into Credit Card Debt Traps! скачать в хорошем качестве

STOP Falling into Credit Card Debt Traps!

A woman in Phoenix borrowed $6,200 on her credit card. She never missed a payment. She stopped using the card early on. Eleven years later, she had paid back over $18,000. This video explains how that happens — not through bad decisions or financial irresponsibility, but through how credit card debt is designed to work once you carry a balance. We break down how interest actually behaves, why minimum payments barely reduce what you owe, and how revolving debt quietly stretches repayment timelines into decades. You’ll see why staying “current” doesn’t mean you’re making real progress, how promotional 0% offers can backfire, and why credit card debt feels manageable while quietly extracting thousands in interest. This isn’t a motivational video or a list of shortcuts. It’s a clear explanation of the system millions of people are inside — often without realizing it. If you’ve ever wondered why debt lingers even when you do everything right, this breakdown shows the mechanics behind it. Subscribe if you want straightforward explanations of how financial systems actually work — no hype, no shaming, just the math and incentives laid bare. credit card debt debt trap explained how credit card interest works minimum payments explained revolving debt personal finance explained credit card interest rates why debt takes so long to pay off consumer debt economics financial systems explained credit cards and interest household debt crisis finance explainer