A 0% intro APR credit card can be a financial blessing or a debt trap. Here's what to avoid so you actually get ahead, not ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J. Brock is a CFA and CPA with more than 20 years of ...

The interest you pay depends on your APR and your balance; avoid interest entirely by paying your bill in full. Many or all of the products on this page are from partners who compensate us when you ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Betsy began ...

It's not an issue if you pay on time, and some credit cards don't charge it at all. But those that do can impose this sky-high interest rate for paying late — and it could last six months or more.