.jpeg)
Georgiou Law, PLLC Podcast
Georgiou Law, PLLC is a New York–based consumer law firm founded by former bank attorney Efstathios Georgiou. The firm is dedicated to defending individuals against credit card lawsuits, abusive debt collection practices, and errors in credit reporting. With a strong focus on fairness, transparency, and access to justice, Georgiou Law provides flat-fee legal services and custom debt relief strategies tailored to each client’s needs. Known for its slogan “Clear Your Debt, Claim Your Future” the firm combines legal expertise with compassion to help New Yorkers reclaim their financial future.
Georgiou Law, PLLC Podcast
The Hidden Cost of Minimum Credit Card Payments: Break Free from Debt Today!
In this episode of 'Clear Your Debt, Claim Your Future,' host STA Georgio, managing attorney and founder of Georgio Law PLLC, uncovers the hidden dangers of making only minimum payments on credit card balances. Learn how these seemingly harmless payments can keep you in debt for decades and cost you thousands in interest. Discover effective strategies to break free from this cycle, including prioritizing high-interest cards and negotiating with banks. Get actionable tips and mindset shifts to transform your financial future and regain control of your finances. Don't miss out on this vital information that could save you from years of financial stress.
00:00 Introduction to the Hidden Cost of Credit Card Minimum Payments
00:52 The Trap Behind Minimum Payments
02:32 Understanding the Math and Mindset
04:04 The Dangers of Minimum Payments
05:16 A Real Path Out of the Cycle
06:59 An Action Plan for Listeners
08:48 Conclusion and Final Thoughts