Cryptocurrency Q&A
Is it bad to pay off credit card twice a month?
Is it bad to pay off credit card twice a month?
BlockchainBaron
Fri Aug 30 2024
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6
answers
1348
Could you please elaborate on whether it's considered a negative practice to make multiple payments towards a credit card balance within a month? Some argue that doing so could potentially harm one's credit score or trigger unnecessary fees. However, others claim that it's a responsible financial move to reduce interest charges and debt faster. Could you provide some insights into the potential benefits and drawbacks of this strategy?
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