➡️Lower interest rates mean more of your payment is going to reduce principle ➡️combine some of your higher interest rate credit card balances on the credit card with the lowest interest rate ➡️side benefit - if you need a break in the monthly payment by moving the balances you may can reduce your out of pocket for that month to get back on track next month🚀 ➡️this will free up your availalbe credit which will help with your credit score #debtconsolidation #financialfreedom #buyingahome #digitalmarketing
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Have you seen the 0% interest rates on balance transfers to a new credit card? It might be time to take advantage of those! Just be careful because they usually have a specific time period for you to take advantage of the 0%! https://hubs.la/Q02myRRT0
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Have you seen the 0% interest rates on balance transfers to a new credit card? It might be time to take advantage of those! Just be careful because they usually have a specific time period for you to take advantage of the 0%! https://hubs.ly/Q02myRSh0
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Have you seen the 0% interest rates on balance transfers to a new credit card? It might be time to take advantage of those! Just be careful because they usually have a specific time period for you to take advantage of the 0%! https://hubs.ly/Q02myKNN0
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Credit card interest can be sneaky. Here’s how it turns into cash. 💳💼 Your interest rate is daily. Divide APR by 365 for your daily rate. Multiply your daily balance by that rate for each day to get your monthly interest. Pay down or pay off balances to avoid charges. What's the craziest interest charge you’ve seen? Share in the comments. Follow for more tips. #CreditCardManagement #FinancialLiteracy #InterestRates
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What is Your Current Credit Card Interest Rate? It Might Surprise You: https://lttr.ai/AXJVc #CreditCardIssuer #GoodInterestRate #CreditCard #HigherRate
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Have you seen the 0% interest rates on balance transfers to a new credit card? It might be time to take advantage of those! Just be careful because they usually have a specific time period for you to take advantage of the 0%!
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With credit card balances on the rise, here is a reminder that interest is calculated daily. Simply divide your APR by 365 to calculate your daily interest rate. For instance, a 9% APR would translate to a daily rate of 0.00024658.
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Is your credit card interest rate based on average daily balances rather than the amount not paid by the due date? #CreditCardInterest #AverageDailyBalance #InterestRates ## Understanding Credit Card Interest Rates When it comes to credit card interest rates, understanding how they are calculated can make a significant difference in managing your finances. Contrary to what many people may think, credit card interest rates are not solely based on the amount not paid by the due date. Instead, they are calcul... Source: https://lnkd.in/g-snU485 #mymetric360
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To give you a general idea of what qualifies as a “good” interest rate relative to your credit score, we built this quick list for you. Read more 👉 https://lttr.ai/AXG0L #CreditCardIssuer #GoodInterestRate #CreditCard #HigherRate
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What is a Good Interest Rate on a Credit Card? Read the full article: What is Your Current Credit Card Interest Rate? It Might Surprise You ▸ https://lttr.ai/AXIyz #CreditCardIssuer #GoodInterestRate #CreditCard #HigherRate
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