Interest on credit card debt is a percentage of the debt owed that compounds with each billing cycle and is added to the total balance, increasing the amount the cardholder must repay.

Authors

• Person: Not available Organization: EBSCO
  Understanding Debt | Business and Management | Research Starters

Sources

• Understanding Debt | Business and Management | Research Starters www.ebsco.com EBSCO via serper

Referenced by nodes (1)

• credit card debt concept