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What is the problem with paying only your minimum credit balance each month?
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Apr 1, 2021
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What is the problem with paying only your minimum credit balance each month?
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MSIslam
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While it's important to make at least the minimum payment, it's not ideal to carry a balance from month to month, because you'll rack up interest charges (unless you're benefiting from an intro 0% APR) and risk falling into debt.
Srikar Uppu
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Apr 6, 2021
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