How to Calculate Credit Card Payments
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How to calculate credit card payments

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This contains: WHEN you pay your credit card bill is just as important as HOW MUCH‼️ waiting until the payment due
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Treat your credit card 💳 like a debit card by making multiple payments in a month and also having autopay turned on! Here's ⬇️ how to make money off the rewards and ✈️ travel for free.

SAVE 🔖 this post to learn about credit scores and #cheaptravel. Please note, if you need a crucial loan soon (such as, mortgage), I would not apply for credit cards (due to possible hard inquiries that the lender might ding you for).

1) Set up autopay and/or still pay your credit card multiple times in a month.

2) Paying your credit card before the statement closing date reduces the total balance the card issuer reports to the credit bureaus. This then lowers your credit utilization, which will help increase your credit score for that month.

Here's what makes up your #CreditScore ⬇️

Payment History
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How To Pay Down Credit Card Debt: A Step-By-Step Guide by My Rate Compass | Compare the best credit cards in Canada with our easy-to-use free tools and calculators. Credit card debt is one of the most common financial issues among Canadians. With interest growing rapidly, paying off your debt causes more stress than imagined. Use our guide to find out how to get out of debt. Learn more. best practices for credit card payments, managing high-interest credit card debt, effective budgeting
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