what makes more sense? to pay the minimum monthly payment on your credit card on time or to wait 2 weeeks when you can send a few hundred dollars more, but pay a late fee?
2007-04-11 19:13:52 · 14 answers · asked by dee_the_genius 7 in Entertainment & Music ➔ Polls & Surveys
rob, your getting off track here
2007-04-11 19:18:32 · update #1
Pay the minimum on time, and send the rest in 2 weeks. No late fee charges that way.
2007-04-11 19:16:18 · answer #1 · answered by Speedy 6 · 3⤊ 0⤋
pay the minimum on time... then two weeks later send in the remaining payment that way you don't have a late fee... and you are still taking the balance down, with the additional funds... even just a few days late can affect your credit score....
2007-04-12 02:18:40 · answer #2 · answered by JustJen 5 · 0⤊ 0⤋
uuuuumm depends on what your willing to do.....Doesnt making late payments put marks on your credit history? It would be best to make a little MORE than the monthly payment and then save to send in more money the next month
2007-04-12 02:20:06 · answer #3 · answered by Tbrat 5 · 0⤊ 0⤋
Pay the minumum on time to look good to the creditors and then when you have the more money in 2 weeks to pay on it. Send them another payment also. This will look better on your credit. With my past experiences. Pay the creditor on time. This affects your credit rating in the future.
2007-04-12 02:17:37 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Don't send payments late, ever!! It will hurt your credit. Save that extra money for next month, or an extra payment.
2007-04-12 02:17:14 · answer #5 · answered by KyLeth 4 · 0⤊ 0⤋
Pay the minimum on time
2007-04-12 02:16:59 · answer #6 · answered by Mag 7 · 0⤊ 0⤋
send the minimum on time and pay the rest in two weeks when you have it.
paying late will also make your rate shoot up-never ever pay it late.
2007-04-12 02:38:28 · answer #7 · answered by comic book guy 5 · 0⤊ 0⤋
pay minimum at the time otherwise
If you pay late they will take your interest rate and it will mess up your credit. Get more information about credit card at: http://www.credit-card-gallery.com/article/
2007-04-12 04:54:27 · answer #8 · answered by farran abat 3 · 0⤊ 0⤋
I am never in the red on my credit card:first I deposite money on it.So,if I use it :i pay no interest at all.
Sky.
2007-04-12 02:18:23 · answer #9 · answered by Anonymous · 0⤊ 0⤋
what speedy said
If you pay late they will jack up your interest rate and it will mess up your credit.
2007-04-12 02:17:20 · answer #10 · answered by Happy 3 · 0⤊ 0⤋