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Which is more important? - pay less interest - Access a higher credit limit or longer 0% APR period, maybe to make a bigger purchase Explain why
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1 vote
1 vote
Which is more important?

- pay less interest

- Access a higher credit limit or longer 0% APR period, maybe to make a bigger purchase

Explain why

User Arto Bendiken
by
3.5k points

1 Answer

6 votes
6 votes

Answer: To pay less interest is better than accessing higher credit limit

Step-by-step explanation:

Most people take loans to meet up projects which the money is not available to handle at the moment. Taking higher credit for a longer time will amount to much interest which might be difficult to pay back,while it is advisable to go for that requires less interest, to make it easier when refunding

User Jannah
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