>> THANK YOU SO MUCH, JENNIFER.
COMING UP ON THE "TODAY" SHOW,
WE’RE GOING TO TALK TO FIRST AMY
COMING UP ON THE "TODAY" SHOW,
WE’RE GOING TO TALK TO FIRST AMY
ABOUT WHAT’S GOING ON IN
WE’RE GOING TO TALK TO FIRST AMY
ABOUT WHAT’S GOING ON IN
CONSUMER NEWS.
ABOUT WHAT’S GOING ON IN
CONSUMER NEWS.
THE AVERAGE U.S. HOUSEHOLD HAS
CONSUMER NEWS.
THE AVERAGE U.S. HOUSEHOLD HAS
ABOUT 5,700 DOLLARS OF CREDIT
THE AVERAGE U.S. HOUSEHOLD HAS
ABOUT 5,700 DOLLARS OF CREDIT
CARD DEBT, BUT YOUR CREDIT CARD
ABOUT 5,700 DOLLARS OF CREDIT
CARD DEBT, BUT YOUR CREDIT CARD
COMPANY COULD BE TRICKING YOU
CARD DEBT, BUT YOUR CREDIT CARD
COMPANY COULD BE TRICKING YOU
INTO PAYING EVEN MORE.
COMPANY COULD BE TRICKING YOU
INTO PAYING EVEN MORE.
>> AMY DAVIS IS HERE TO TELL US
INTO PAYING EVEN MORE.
>> AMY DAVIS IS HERE TO TELL US
WHAT TO WATCH OUT FOR.
>> AMY DAVIS IS HERE TO TELL US
WHAT TO WATCH OUT FOR.
THEY’VE GOT THE TRICKS, AMY.
WHAT TO WATCH OUT FOR.
THEY’VE GOT THE TRICKS, AMY.
>> WE ALL KNOW THERE ARE CARDS
THEY’VE GOT THE TRICKS, AMY.
>> WE ALL KNOW THERE ARE CARDS
THAT WILL SUCK YOU
IN WITH
IN WITH
PROMOTIONS.
IN WITH
PROMOTIONS.
THERE ARE WAYS THAT CREDIT CARDS
PROMOTIONS.
THERE ARE WAYS THAT CREDIT CARDS
COMPANIES KEEP YOU IN A CYCLE OF
THERE ARE WAYS THAT CREDIT CARDS
COMPANIES KEEP YOU IN A CYCLE OF
DEBT.
COMPANIES KEEP YOU IN A CYCLE OF
DEBT.
BEWARE OF LOWER MONTHLY
DEBT.
BEWARE OF LOWER MONTHLY
MINIMUMS.
BEWARE OF LOWER MONTHLY
MINIMUMS.
MINIMUMS USED TO BE AROUND 5%
MINIMUMS.
MINIMUMS USED TO BE AROUND 5%
BUT COMPANIES FOUND LOWERING
MINIMUMS USED TO BE AROUND 5%
BUT COMPANIES FOUND LOWERING
THIS AMOUNT TO TWO TO 3% MADE
BUT COMPANIES FOUND LOWERING
THIS AMOUNT TO TWO TO 3% MADE
THEM MORE MONEY.
THIS AMOUNT TO TWO TO 3% MADE
THEM MORE MONEY.
IF YOU PAY LESS PER MONTH NOW,
THEM MORE MONEY.
IF YOU PAY LESS PER MONTH NOW,
YOU END UP PAYING MORE INTEREST
IF YOU PAY LESS PER MONTH NOW,
YOU END UP PAYING MORE INTEREST
IN THE LONG RUN.
YOU END UP PAYING MORE INTEREST
IN THE LONG RUN.
ANOTHER GOTCHA, SOME CARDS OFFER
IN THE LONG RUN.
ANOTHER GOTCHA, SOME CARDS OFFER
A BIG BONUS FOR SIGNING UP, LIKE
ANOTHER GOTCHA, SOME CARDS OFFER
A BIG BONUS FOR SIGNING UP, LIKE
AIRLINE MILES FOR OPENING AN
A BIG BONUS FOR SIGNING UP, LIKE
AIRLINE MILES FOR OPENING AN
ACCOUNT, BUT THERE’S USUALLY A
AIRLINE MILES FOR OPENING AN
ACCOUNT, BUT THERE’S USUALLY A
CATCH, LIKE HAVING TO SPEND A
ACCOUNT, BUT THERE’S USUALLY A
CATCH, LIKE HAVING TO SPEND A
CERTAIN AMOUNT IN A SPECIFIC
CATCH, LIKE HAVING TO SPEND A
CERTAIN AMOUNT IN A SPECIFIC
TIME PERIOD.
CERTAIN AMOUNT IN A SPECIFIC
TIME PERIOD.
WATCH OUT FOR BALANCE TRANSFER
TIME PERIOD.
WATCH OUT FOR BALANCE TRANSFER
FEES.
WATCH OUT FOR BALANCE TRANSFER
FEES.
THESE CAN RUN FROM 3% TO 5% OF
FEES.
THESE CAN RUN FROM 3% TO 5% OF
THE AMOUNT TRANSFERRED.
THESE CAN RUN FROM 3% TO 5% OF
THE AMOUNT TRANSFERRED.
CHECK TO SEE IF YOUR CREDIT CARD
THE AMOUNT TRANSFERRED.
CHECK TO SEE IF YOUR CREDIT CARD
COMPANY CHARGES AN ANNUAL FEE
CHECK TO SEE IF YOUR CREDIT CARD
COMPANY CHARGES AN ANNUAL FEE
BEFORE YOU SIGN UP.
COMPANY CHARGES AN ANNUAL FEE
BEFORE YOU SIGN UP.
SOMETIMES THE PROMOTIONAL OFFER
BEFORE YOU SIGN UP.
SOMETIMES THE PROMOTIONAL OFFER
WILL ADVERTISE NO ANNUAL FEES
SOMETIMES THE PROMOTIONAL OFFER
WILL ADVERTISE NO ANNUAL FEES
BUT THAT ONLY APPLIES FOR THE
WILL ADVERTISE NO ANNUAL FEES
BUT THAT ONLY APPLIES FOR THE
FIRST YEAR.
BUT THAT ONLY APPLIES FOR THE
FIRST YEAR.
LASTLY, THIS HAPPENS TO A LOT OF
FIRST YEAR.
LASTLY, THIS HAPPENS TO A LOT OF
PEOPLE, IF YOU DECIDE TO CLOSE
LASTLY, THIS HAPPENS TO A LOT OF
PEOPLE, IF YOU DECIDE TO CLOSE
YOUR ACCOUNT, MAKE SURE THERE
PEOPLE, IF YOU DECIDE TO CLOSE
YOUR ACCOUNT, MAKE SURE THERE
ARE NO PURCHASES PENDING BECAUSE
YOUR ACCOUNT, MAKE SURE THERE
ARE NO PURCHASES PENDING BECAUSE
JUST ONE SMALL REMAINING CHARGE
ARE NO PURCHASES PENDING BECAUSE
JUST ONE SMALL REMAINING CHARGE
THAT YOU FORGOT ABOUT CAN LEAD
JUST ONE SMALL REMAINING CHARGE
THAT YOU FORGOT ABOUT CAN LEAD
TO RESIDUAL INTEREST AND A
THAT YOU FORGOT ABOUT CAN LEAD
TO RESIDUAL INTEREST AND A
FINANCIAL NIGHTMARE.
TO RESIDUAL INTEREST AND A
FINANCIAL NIGHTMARE.
>> IT HAPPENS A LOT.
FINANCIAL NIGHTMARE.
>> IT HAPPENS A LOT.
>> YOU KEEP SAYING, I P.I.D.
