When Repaying Your Debt Is Hard Are you sinking into overwhelming debt? It is extremely simple to let that happen. As a beginner cardholder, you start out with a very low credit card limit. But as time passes by it typically rises. This is what makes overcharging all the more lucrative. This makes paying down debt even more difficult because of the rising balance, the compounding interest and increase in your payments. We All Know That Debts Affect Our Credit Score But How? Shouldn’t it be the reason for financial institutions to go easy on us? They should understand that we are going through a financial crisis and that we are honest, hardworking beings who are going to repay their money sooner or later with the interest. Well, this might be true but sadly it is not how the world functions. Your credit score is very important and yet easily affected by your debt. Owning a Mastercard credit card or a no interest rate credit card might prove to be useful in gettin