Lending Your Credit Card? Don’t Do It!

Lending your credit card to a friend? That’s a one-way ticket to financial disaster! Picture this: they rack up $1,000 on your card, and suddenly, you’re left with a debt that could take years to pay off. Why? Because the average APR is a staggering 20.5%. That means you could end up shelling out an extra $205 in interest if it takes just a year to pay it off! Plus, if they miss a payment, it’s your credit score that takes the hit. Trust me, your friendship isn't worth your hard-earned credit. The insider move? Keep your card to yourself. Protect your credit and your wallet—don’t lend it out!