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I used to think paying the minimum on my card was fine until I saw my friend's statement
My buddy in Chicago showed me his credit card bill from Capital One. He paid only the minimum for about 8 months on a $1,500 balance. The statement showed he'd paid over $200 in interest already and the balance had barely moved. Seeing those real numbers made me set up auto-pay for the full amount. How do you guys avoid the minimum payment trap?
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evahenderson5mo ago
Ever set a calendar alert? I do that for payday to manually pay my full balance before it's due.
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aaron_adams5mo ago
Automate that payment and save yourself the monthly hassle, lol.
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terry8355mo ago
Saw a thing about autopay causing overdrafts sometimes.
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nguyen.angela4mo ago
Used to be all about autopay for everything. Then my gym charged me twice last year and it took three months to get one payment back. Now I check my statements and pay manually.
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