Paying off your balance each month helps you avoid interest completely and improves your credit score. Using an autopay feature ensures that you never miss a payment and therefore never have to worry about paying extra in interest.
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Writer, artist, Accountant and a forever learner. Learning, loving, Hoping.
These Ideas show how to enjoy the rewards that come with using a credit card while also avoiding the threat of drowning in debt.
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Similar ideas to 6. Link a bank account & Turn on Autopay
There are a couple of paths you can take to pay off your high-interest debt when you're on a tight budget.
Carrying credit card debt is a great way to negatively compound your net worth. But credit itself is important.
Likely the biggest expense over your lifetime will be interest costs on your mortgage, car loans, student loans, etc. Having a solid credit score can save you tens of tho...
If you have a large balance on your credit card, call your credit card company and request a rate reduction. If you often pay on time, they may be willing to negotiate, or you can get a 0% balance transfer onto another card.
Many installment plans offer an interest rate reduction ...
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