Speak about being disingenuous. You know what? You’ve got an option to pay for a lot more than your credit card’s minimum repayment (and also you always should). In fact, as you did to your MogoLiquid installment loan which can charge as much as 45.9% APR, you’d pay off your credit card nearly TWICE as fast if you paid the same dollar amount each month to your credit card.
If you’re feeling overrun with credit debt, before you go to Mogo, see if it is possible to combine your financial troubles onto one of the numerous 0% stability transfer bank cards, or phone your charge card business to check out when they can lessen your interest price or adjust your repayment terms (yes, that is a thing). Continue reading „Mogo should be considered a loan provider of last resource.“