Always Pay Credit Card Balance By The Due Date

Paying Off Loans

If you miss paying off a credit card balance by the due date, even if it is just 1 day, you will be hit with hefty interest charges. Most banks will either back date the interest for every purchase or charge you interest for future purchases in the next month, so be aware of how the interest is charged on your credit card. Then, whenever possible try to pay off credit card balances in full by the due date each month by setting up future dated payments online.

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