They are almost impossible to pay off!
I don't mean as in making payments and slowly decreasing balances over time. Yes, the willpower involved with that is hard. Yes, for many people it's almost impossible. But that's not what I refer to.
The payoff amount at anyone time changes because of how the interest compounds. And then, at the end of the billing cycle, you get even more interest based on your balance over the course of the month. My husband and I both got statements from cards that we "paid" off. One was for less than five dollars, the other less than ten.
It's so frustrating!
I even payed more than I knew was due for one of the cards. They had to send me a check for the difference. And yet, somehow, I owe them $4.50. And of course since the payment won't go through until tomorrow, what about the interest that's going to be added.
I want to call and really bitch someone in the CSR field out. Right now I just don't have the energy or the time. Maybe next week.