Seventeen year-old Lauren learns about credit cards the hard way. She receives a credit card as a gift from her parents for convenience. She does not understand how the credit card works in regards to interest. Learn what an interest rate ishere. She does not see credit card debt as a big deal until her dad sits down with her and the calculator. After calculating how much time it will take to pay off the debt, Lauren gets serious about wiping out her $1,700 debt. Watch how she does it.
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