How to avoid the minimum repayment trap

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Carrying a large credit card balance is no-one's idea of fun. With interest rates (APR) typically hovering at 18% - and often higher – maintaining a credit card balance can add up to thousands of pounds over time.

The good news is that you can save yourself lots of time and money by learning one key move that will help you beat the credit card issuers at their own game.

And don't worry. You won't need to do the financial equivalent of back-flips to pull this off.

What is the 'minimum repayment trap'?...

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