How does paying off the balance monthly help a credit card user avoid finance charges? (Site 1)

1 answer:

6 0

The best way to avoid these charges is to pay off the balance on time. You will often get a grace period of around 21 days after receiving the bill in which to do this. If you just pay off the minimum you will be incurring more and more interest and it will take you a long time to pay off the debt.

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