What is the best thing to do with $1,000?
There is almost no option better for a spare $1,000 than paying down credit card debt.
Not meeting the minimum monthly repayments can make your debt grow with fees and interest. Even paying just the monthly minimum repayments can mean years and years of interest on relatively small debts.
If you need to find a better, cheaper card or an interest-free balance transfer deal, compare credit cards at infochoice.com.au
Source: The New Daily