I have the min paid off so I have money now it in good standing so should I pay it now...I told by them it ok i paid my min so what the hell I got the money to pay it now so should I pay it or wait for the next bill come in .. SO I NOT GETTING CHARGE INTEREST SO WHAT SHOULD I DO PAY IT NOW OR WAIT FOR THE BILL DOES THIS SCREW UP THE CREDIT CARD ..JUST WANT TO KNOW WHY THEY HATE THAT WHEN WE PAY IT OFF EARLIER IS THAT GOOD OR BAD HELP ME OUT PEOPLE
2007-03-29 21:33:12 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
Pay it off, don't let it sit. Technically, you have the loan of the money, but if you forget or miss a payment, your interest rate goes way up. You can pay it off early by getting the information online.
2007-03-29 21:36:49 · answer #1 · answered by Katherine W 7 · 0⤊ 0⤋
I am probably out of touch with the debt world as I don;t like paying banks any more money than I have to. So my own view is that you pay off the credit card in a way so you don't pay interest. Paying interest means you are paying good money that you could spend on something else.
2007-03-30 04:43:47 · answer #2 · answered by kenny 2 · 0⤊ 0⤋
Pay it now...No sense in making it any more complicated than it is...What you DON'T pay off in full every month will get interest. It's just good practice that you pay it off when you're able to. That way, you're not in over your head.
2007-03-30 09:03:59 · answer #3 · answered by Anonymous · 1⤊ 0⤋