{"id":4401,"date":"2024-10-06T22:20:54","date_gmt":"2024-10-06T22:20:54","guid":{"rendered":"https:\/\/smartspending.ai\/how-credit-card-debt-works\/"},"modified":"2024-10-06T21:38:38","modified_gmt":"2024-10-06T21:38:38","slug":"how-credit-card-debt-works","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=4401","title":{"rendered":"How Credit Card Debt Works"},"content":{"rendered":"\n<div>\n<p><span style=\"font-weight: 400;\">We hear a lot about debt \u2014 specifically credit card <\/span><span style=\"font-weight: 400;\">debt<\/span><span style=\"font-weight: 400;\">. During the second quarter of 2024, <\/span><a href=\"https:\/\/www.newyorkfed.org\/microeconomics\/hhdc\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">credit card balances<\/span><\/a><span style=\"font-weight: 400;\"> tipped over the trillion dollar mark for American households. In a tight economy, many people lean on credit cards to make ends meet. That can help build your credit or get you credit card rewards. However, when the fees, interest and balances become too much to manage on a monthly basis, consumers find themselves in trouble. That\u2019s why it\u2019s crucial to know how credit card debt works.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Credit cards are different from debit cards in several ways. When you make a purchase with a debit card, it pulls money directly from your bank account. This means that if you don\u2019t have enough cash in your account, your debit card will be declined.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Credit cards require an application to the issuing bank in order to be used. Your annual income, current debt balance, and credit score will affect your approval and the amount of money the bank will lend you on credit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whether you are carrying a credit card balance or just want to learn more about how credit cards work, we will cover the credit card basics, interest and fees, credit scores and strategies for successfully managing your credit card debt.<\/span><\/p>\n<div class=\"adBorder\" id=\"thepe-166591771\">\n<h3>Heard of These Credit Card Debt Tips?<\/h3>\n<p>If you\u2019re a good credit card user, you already know how payment history, credit utilization and the length of your credit history affect your credit score.<\/p>\n<p>But millions of Americans overlook\u00a0<a href=\"https:\/\/partners.thepennyhoarder.com\/smarten-up-americans-prt\/?aff_id=384&amp;aff_sub3=smarten-up-americans-prt\/&amp;aff_sub4=191916\" rel=\"false noopener\" target=\"_blank\">these easy tips<\/a> that could help them manage credit card debt even more wisely.<\/p>\n<p><a href=\"https:\/\/partners.thepennyhoarder.com\/smarten-up-americans-prt\/?aff_id=384&amp;aff_sub3=smarten-up-americans-prt\/&amp;aff_sub4=191916\" rel=\"false noopener\" target=\"_blank\">Read more<\/a> to boost your credit knowledge and keep your credit score in check.<\/p>\n<\/div>\n<h2><span style=\"font-weight: 400;\">Understanding Credit Card Debt<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It\u2019s important to understand the elements and conditions of credit use before you start using a credit card. If you aren\u2019t familiar with these terms or how they affect your credit card, reach out to your bank for more information.\u00a0<\/span><\/p>\n<ul>\n<li aria-level=\"1\">Minimum monthly payment:<b> <span style=\"font-weight: 400;\">No matter how much money you owe at the end of the month, your credit card has a minimum balance payment requirement every pay period. However, accumulating interest will likely keep you from successfully paying your balance off if you are only making the minimum payments.\u00a0<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\">Interest\/APR:<span style=\"font-weight: 400;\"> APR stands for <\/span><span style=\"font-weight: 400;\">annual percentage rate<\/span><span style=\"font-weight: 400;\">, which measures the interest rate plus additional fees that come with your credit card. As of August 2024, the <\/span><a href=\"https:\/\/www.investopedia.com\/average-credit-card-interest-rate-5076674\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">average credit card interest rate<\/span><\/a><span style=\"font-weight: 400;\"> is 24.4%. This is a fee that\u2019s applied to your balance at the end of each pay period.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\">Credit limit: <span style=\"font-weight: 400;\">This is the maximum amount you can spend on your credit card. Your credit limit is based on several factors, including your income and credit history.<\/span><\/li>\n<li aria-level=\"1\">Annual fees: <span style=\"font-weight: 400;\">Some credit cards charge an annual fee to use them. This fee can range from tens to hundreds of dollars (it is more common with cards with high bonuses). Always factor the annual fee into your decision to apply for a credit card.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Credit cards are definitely not \u201cfree money\u201d you can use to make purchases as you wish, as tempting as that may be. Credit card debt is a serious responsibility and should be handled as such. Relying heavily on credit cards can put you at serious risk of financial distress or even <\/span><span style=\"font-weight: 400;\">bankruptcy<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How Interest and Fees Accumulate<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Using the average <\/span><span style=\"font-weight: 400;\">credit card interest rate<\/span><span style=\"font-weight: 400;\"> of 24.4%, we can show you how quickly interest rates can impact your ability to pay back your credit card balance. If you have a balance of $2,000 on your credit card, and you only pay the minimum payment at the end of the month, you\u2019ll get hit with over $400 in interest tacked onto your balance. And that\u2019s only for one month. Carrying a balance over several months or years with the additional interest puts you at a continued disadvantage when it comes to getting out of debt.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Annual fees aren\u2019t the only fees you\u2019ll see on your credit card statement, either. Some credit card companies will charge you a fee if you are even one day late making your payments. If you push the limit and try to spend more than you are approved for, you\u2019ll probably get hit with an over-limit fee as well.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, think carefully about whether or not you\u2019ll be able to pay off your credit card each month before you start adding more to your balance.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">The Impact of Credit Card Debt on Your Credit Score<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There is a lot that goes into your <\/span><span style=\"font-weight: 400;\">credit score<\/span><span style=\"font-weight: 400;\">. It\u2019s the number that helps banks determine if you\u2019e a good investment for their money. Your credit score is a significant player in everything from buying houses and cars to opening a credit card.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Credit cards can be a good place to start building your credit score on a small scale before making large purchases. If you show a regular track record of timely and full payments, you can boost your credit score, which can help you in the future.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But what happens to your credit score if you apply for too many credit cards or <\/span><span style=\"font-weight: 400;\">carry too much debt<\/span><span style=\"font-weight: 400;\">?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A data analytics company called FICO calculates most credit scores. While we don\u2019t know the exact formula for how it is calculated, we do know that these five elements are big determinants of your credit score:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Payment history<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Length of credit history<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The mix of types of credit<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How much of your total available credit you are using (Credit utilization)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">New credit and hard hard inquiries (Credit checks)<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">If you are trying to repair your credit score while getting out of debt, focus on timely payments and avoid opening up any new lines of credit. Time and consistency can help improve your credit score.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Common Mistakes That Lead to Credit Card Debt<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The power of a new shiny credit card can seem alluring. Credit card companies are brilliant marketers who offer competitive sign-up bonuses and discounts at your favorite retailers, which makes saying no difficult.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have a big purchase coming up, reaching for that credit card is extremely tempting. Buy now, worry later, right? These are just a few of the most <\/span><span style=\"font-weight: 400;\">common credit card mistakes<\/span><span style=\"font-weight: 400;\"> people make when applying for or using credit cards that result in excessive debt.\u00a0<\/span><\/p>\n<h3><b>Relying on credit cards for every purchase\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When you get into the habit of swiping your credit card for everything you buy, you may not realize its impact on your bank account. You don\u2019t want the bill to come, only to realize you don\u2019t have enough cash in your account to pay off the balance. To avoid this, only pull out your credit card for intentional, thought-out purchases.\u00a0<\/span><\/p>\n<h3><b>Not paying attention to interest rates\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">When you apply for a credit card, there are a massive number of terms and conditions that you probably didn\u2019t read through. In most cases, the interest rate is in bold, large print. If you do miss it, your wallet will be hurting every time you can\u2019t pay the full balance. Always comparison shop lower interest rates to avoid getting hit with fees you don\u2019t need to pay.\u00a0<\/span><\/p>\n<h3><b>Missing payments<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Interest will continue to accrue if you carry a balance, but missing payments entirely will add fees to your balance and damage your credit score. If you are facing a major life event that is affecting your ability to pay your credit card bill, call your bank. They may have programs to assist you during times of crisis. That\u2019s much better than racking up more fees.<\/span><\/p>\n<h3><b>Not understanding credit card terms and offers<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Some credit cards will offer an introductory APR of 0%. Sounds great, right? That means you can make purchases without fear of incurring interest charges. This is almost always only for a set period of time. Credit card users will often miss or forget when that time elapses and be shocked when their next credit card statement has them racking up high interest on a large balance. Take the time to carefully review the terms and conditions of your credit card and the promotional offers associated with it. Set reminders on your calendar if you need to pay off your balance before a high interest rate kicks in.\u00a0<\/span><\/p>\n<h3><b>Maxing out credit cards<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Just because you have it doesn\u2019t mean you should spend it. It may feel great that a bank approved you for up to $10,000 of credit, but if you can\u2019t pay that back almost immediately, maxing out your credit card is going to cause you serious trouble. On the flip side, if you are able to regularly max out your credit card and pay it back in a timely manner, you can call your bank and ask for a credit increase. Start small, and once you\u2019ve mastered good financial habits, you can expand your credit.\u00a0<\/span><\/p>\n<div class=\"adBorder\" id=\"thepe-971457647\">\n<h3>Drowning in Expenses?<\/h3>\n<p>Maybe you\u2019re scrambling after your car broke down. Or you got a medical bill you weren\u2019t expecting. Or inflation has finally pushed your budget over the edge. Take a breath. You don\u2019t need to go it alone.<\/p>\n<p>When money is tight, <a href=\"https:\/\/partners.thepennyhoarder.com\/when-money-is-tight-sdyn-prt\/\/?aff_id=384&amp;aff_sub3=when-money-is-tight-sdyn-prt\/&amp;aff_sub4=191825\" target=\"_blank\" rel=\"noopener\">these resources<\/a> can help you manage unexpected expenses without stress.<\/p>\n<\/div>\n<h2><span style=\"font-weight: 400;\">Strategies for Managing Credit Card Debt<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Coming to terms with your spending and credit card debt balance is the first step to getting your finances back on track. One of the worst things you can do is ignore it and hope it gets better.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These strategies for managing your credit card debt are meant to help you make a dent in what feels like a very overwhelming process, but they are going to push you closer and closer to financial freedom.\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Put a realistic budget together. If you keep falling back to credit card spending, that probably means you aren\u2019t being realistic about your monthly budget. Take a good look at what money you have coming in and what you can reasonably spend within your means each month without turning to credit cards.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consider a <\/span><span style=\"font-weight: 400;\">balance transfer credit card<\/span><span style=\"font-weight: 400;\">. If you can move your debt to a credit card with a lower APR (or even a 0% intro rate), you can relieve some of that compounding pressure from interest accrual. It can even help to transfer multiple balances to one credit card.\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Try the debt snowball method. This popular method for paying off debt has you start by listing all of your debts from smallest to largest. Make minimum payments on all debt balances, but put any extra money toward your smallest debt amount. Once that debt is paid off, roll that payment amount into your payments for the next smallest debt balance. Repeat this process until all your debts are paid off.\u00a0<\/span><\/li>\n<\/ol>\n<h2><span style=\"font-weight: 400;\">How to Pay Off Credit Card Debt<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Credit card debt really is the epitome of \u201cif you fail to plan, you plan to fail.\u201d It\u2019s important that you come up with a strategy to get out of debt and stick to it. There are a few different approaches you can take, and it may take some trial and error, but the end result is financial freedom.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It starts by evaluating your credit card debt from all sources. Consider starting a spreadsheet or document that lists all of your balances, interest rates and important information to help you track payments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Put your budget to work and avoid adding unnecessary charges to your credit card. One underutilized tip is to also leave space for building your savings account. A lack of savings may make you want to reach for your credit card when cash is tight.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Choose your repayment plan. Determine if you should do a balance transfer to <\/span><span style=\"font-weight: 400;\">consolidate your debt<\/span><span style=\"font-weight: 400;\"> or if you can start the snowball method with the accounts you currently have.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In extreme circumstances, you can negotiate terms with your creditors if you are aggressively working toward repayment. Reach out to them if there are ways you can speed up paying off your balance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Celebrate your little wins and track your process. It\u2019s hard work breaking the cycle of credit card debt, so give yourself a little \u201ccredit\u201d for working toward more responsible spending. Track your process in a spreadsheet or budgeting app. This will also help you make adjustments if needed.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Alternatives to Credit Card Debt<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Credit cards don\u2019t have to be the only solution when cash is tight. These alternatives can help you in a pinch. They also have caveats, so always read the fine print.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Personal Loan: Borrow a large sum of money for a major expense at a lower interest rate than most credit cards. They will set you up with a fixed repayment schedule.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Home Equity Line of Credit (<\/span><span style=\"font-weight: 400;\">HELOC<\/span><span style=\"font-weight: 400;\">): This allows you to borrow against the equity you\u2019ve accumulated for your home at a lower interest rate. The application process is long and tedious, but it could be an option if you have the time.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Short-term Loans: These can help if you have bills you need to pay before your next payday. They can have extremely high interest rates, so only take what you can quickly repay.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy Now, Pay Later: Services like <\/span><a href=\"https:\/\/www.afterpay.com\/en-US\/how-it-works\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Afterpay<\/span><\/a><span style=\"font-weight: 400;\"> and Klarna are becoming increasingly popular for online shoppers. Payments are usually split up into four or six payments and are interest-free if you pay it off in the first four payments.\u00a0<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Tips for Using Credit Cards Responsibly<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The most responsible way to use credit cards is to only use them for purchases you know you can pay back and to keep your utilization low. That means you don\u2019t max it out each month just because you can. Remember, it\u2019s not free money. Don\u2019t use it for unnecessary purchases just because you don\u2019t have to pay right away. Then, keep track of your payments to make sure you don\u2019t miss any. Set a reminder to check your balance at least once a week so it doesn\u2019t get away from you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, don\u2019t be tempted by the minimum payment. Pay it off in full each month so you don\u2019t accumulate interest. You can automate this with some credit cards so you never miss a payment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Credit cards, when used responsibly, are a good thing. They help build your credit and many offer rewards such as points for travel purchases and cash back. However, if you aren\u2019t careful, it can put you on the path to debt.<\/span><\/p>\n<div class=\"adBorder\" id=\"thepe-1441580026\">\n<h3>Need Some Quick Cash?<\/h3>\n<p>If you\u2019re looking to boost your income this month, we\u2019ve got just the thing for you.<\/p>\n<p>From quick gigs to smart side hustles, check out <a href=\"https:\/\/partners.thepennyhoarder.com\/50-ways-sdyn-prt\/?aff_id=384&amp;aff_sub3=50-ways-sdyn-prt\/&amp;aff_sub4=191813\" target=\"_blank\" rel=\"noopener\">these 50 easy ways to make a quick buck<\/a> \u2014 there\u2019s something for everyone.<\/p>\n<\/div>\n<h2><span style=\"font-weight: 400;\">When to Seek Help for Credit Card Debt<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You don\u2019t have to struggle alone with your credit card debt. If credit card debt is disrupting your ability to pay your regular expenses and you can\u2019t pay more than the minimum monthly payment, you may want to look for solutions to help you break the cycle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can use credit counseling, debt management plans or review <\/span><span style=\"font-weight: 400;\">debt settlement options<\/span><span style=\"font-weight: 400;\"> with your creditor. The best way to make progress with your credit card debt is to get support, hold yourself accountable, and be open to advice and counsel from reputable sources.<\/span><\/p>\n<p>        <!-- ACF Financial Disclaimer --><\/p>\n<p>        <!-- End ACF Financial Disclaimer --><\/p>\n<p>        <!-- \n\n<div class=\"single-social-share-bottom text-center\"> --><br \/>\n                    <!-- <\/div>\n\n --><\/p>\n<p>        <!-- Newsletter Signup Form --><\/p>\n<div class=\"newsletter-signup-wrapper-for-digioh\">\n<div class=\"col-xs-12 newsletter-wrap flex-row\">\n<div class=\"container flex-container\">\n<div class=\"col-xs-12 new-newsletter-form\">\n<p class=\"text-subheading\">Ready to stop worrying about money?<\/p>\n<p class=\"text-get-daily\">Get the SS Daily<\/p>\n<p class=\"email-privacy-policy-blurb-white\">\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<p>        <!-- End Newsletter Signup Form --><\/p><\/div>\n<p><script type=\"text\/javascript\" id=\"wp-fcapi-js-before\">\n\/* <![CDATA[ *\/\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window, document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '263664193816679');\n\/* ]]> *\/\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.thepennyhoarder.com\/debt\/how-credit-card-debt-works\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We hear a lot about debt \u2014 specifically credit card debt. During the second quarter of 2024, credit card balances tipped over the trillion dollar mark for American households. In a tight economy, many people lean on credit cards to make ends meet. That can help build your credit or get you credit card rewards.<\/p>\n","protected":false},"author":2,"featured_media":4402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[221],"tags":[369,238,367,370],"class_list":{"0":"post-4401","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-debt","8":"tag-card","9":"tag-credit","10":"tag-debt","11":"tag-works"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/4401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4401"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/4401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/4402"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}