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Old 03-10-2007   #1 (permalink)
MaryMary
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Default Get in the Habit of Paying Early

If you carry a balance on your credit cards, you should try to pay your bill as soon as it arrives. This will keep the interest from being charged on that amount for the month. It really adds up to a great savings when you look at it over the course of a whole year.
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Old 03-11-2007   #2 (permalink)
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This is the number one hint that everyone should follow, however most want to either carry a balance or lack the funds to pay the entire balance when the mailman comes.
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Old 03-17-2007   #3 (permalink)
louj
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Definitely, although you may consider some interest rates to be just a small percentage, it will definitely hurt you in the long run. It is a very nice tip for all of you credit card users out there. If you feel you can't pay such an amount per month, try to level and control the use of you card to things that you really need.
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Old 03-17-2007   #4 (permalink)
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I pay by my bank's savings account the same the I use the card...
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Old 03-17-2007   #5 (permalink)
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I do the exact thing what u have written in this message & iit comes out true.
Pay fast & save.


thnx for info.
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Old 03-17-2007   #6 (permalink)
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that would be an excellent habit of getting into, get your credit score to rise, get more rewards or whatever else the credit card companies provide for you.
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Old 03-19-2007   #7 (permalink)
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I definitely agree, although I have stopped using my credit card, that tip will definitely make it a lot easier for users to maintain a substantial payment for to their credit card companies and in return, they would receive better rewards from their card companies.
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Old 03-22-2007   #8 (permalink)
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If used wisely, a credit card can do wonders for you.
For instance, you can use your line of credit every month to fund short term investments and zero the balance before interests are due.
You can earn some decent money in this way.
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Old 03-22-2007   #9 (permalink)
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Credit cards can also bring you heavy headaches if you don't use them wisely. I think that paying early is a very good solution to avoid large interest rates, but there will always be instances where you don't have enough funds to pay for your debt. Self control is still the best way to lessen credit card debt.
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Old 03-23-2007   #10 (permalink)
chandni_aqua
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i agree.. paying early will not only get u a good credit but it will also save u some extra bucks which might ve been lost in paying the interests
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