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Is it better to pay everything at once or a small amount ($40) every month?

2007-01-18 19:42:45 · 2 answers · asked by pandemonium7386 3 in Business & Finance Credit

2 answers

It is better to pay everything at once if you can but it is highly advisable to make more than the interest payment as all you will be doing is extending the debt your best bet is to pay off as much as you can as soon as you can otherwise the goods you paid for with the credit card will end up costin oyu more in the long run with inteest payments

2007-01-18 19:47:22 · answer #1 · answered by Natashya K 3 · 0 0

You don't want to have too much charged on your account so charging and then paying it off is good for your credit.. having too many open accounts even if you don't charge can be bad since it is 'possible' debt...

2007-01-22 14:54:44 · answer #2 · answered by Anonymous · 0 0

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