Tag: #debtfreelife
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What Happens If You Only Pay the Minimum on Your Credit Card?
You swipe, you sign, and then the bill arrives.The total balance might look scary — but hey, there’s that small comforting line at the bottom: “Minimum Payment Due.” It feels like a relief, right?“Okay, I’ll just pay that for now.” But here’s the truth: Paying only the minimum is one of the costliest financial habits…