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The seven deadly sins of credit card companies

Sin 2 “ATM Withdrawals”

 

© Goodshot
© Goodshot
Credit Card companies generally impose much higher borrowing rates when you use them to withdraw cash. 

The interest is charged the minute you withdraw the money from the ATM machine.

This often worsens when you're abroad so try not to use your credit card for cash under any circumstances.




  
  

Women in Focus Editor
04/26/2010
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