6. Link a bank account & Turn on Autopay - Deepstash
6. Link a bank account & Turn on Autopay

6. Link a bank account & Turn on Autopay

 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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royaltouchz

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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Debt when you're on a tight budget

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  • The snowball method. For those who need to see progress, pay off the lowest balance first. You'll feel inspired to keep going.
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Credit cards

Carrying credit card debt is a great way to negatively compound your net worth.  But credit itself is important.

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Check Your Personal Loan Rates

Check Your Personal Loan Rates

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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