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Statements & Payments

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Can You Pay Rent With Credit Cards? Is It Smart?

Rent day. It may be your least favorite time of the month. And you may have wondered: Can I at least pay rent with a credit card – and earn credit card rewards? The answer is yes. The answer to whether it’s worth it? Well, that’s a little more complicated. The best reason to pay...

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What Is a Credit Card Balance? Not Knowing Could Cost You

More than 40% of American households have credit card debt, with an average balance of $5,700. You’ve probably seen stats like that before — but may have been afraid to ask: What is a credit card balance? And why does it matter? Credit Card Balance, Explained When you use a credit card, you borrow money from the credit card issuer....

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How to Transfer a Balance on a Credit Card: Lower Your APR, Pay Less Money

So, let’s say you have a credit card with a high interest rate, along with a high balance that sends a chill down your spine. What if you can’t pay it off soon? The existing balance will keep accruing interest charges, and you’ll end up paying more and more the longer it takes to eliminate....

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Credit Card Chargebacks – How To Get Your Money Back

Did you ever make a purchase that turned out to be a scam? If you paid with cash or a check, there’s a good chance you had to kiss that money goodbye. But if you make a habit of paying with a credit card, you may be able to recuperate your funds when purchases don’t...

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How Does Credit Card Debt Settlement Work? Is It Right for You?

Credit cards come with some wonderful perks. From attractive rewards and fraud protection benefits to credit-building potential, it’s no wonder that average Americans carry around four credit cards in their wallets. But when credit card debt grows out of control, it can cause serious problems in your financial life. If you feel like you’re drowning...

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What Does a Negative Balance on a Credit Card Mean?

Discovering a negative balance on your credit card statement or online account might make you feel worried or anxious. But a negative credit card balance is probably good news. A negative credit card balance means that your card issuer owes you money. There are several reasons why a negative credit card balance can occur. We’ll...

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Credit Card Debt Forgiveness 101: How To Ask Creditors To Forgive Debt

Credit cards play an important role in the financial lives of millions of Americans. When you manage your credit cards the right way, they offer many perks. Credit cards are a safer way to pay. They make big-ticket purchases easier. Many cards offer valuable incentives like rewards and cash back as a bonus. However, if...

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Can You Pay a Credit Card With a Credit Card?

Your debt is stacking up, and you can’t make the minimum payments on your credit card bill. You’re running out of options…when, gleaming from the depths of your wallet, you see a different credit card. Or maybe you’re planning a big trip, and are hoping to earn the necessary points by paying for everything — including...

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Can I Pay My Taxes With a Credit Card? Yes, But You Might Not Want To

Maybe you miscalculated your estimated taxes, and ended up with a bill you can’t afford. Or maybe you’re new to the credit card rewards game, and want to earn points for paying Uncle Sam. Either way, you’re wondering: “Can I pay my taxes with a credit card?”  The answer is yes. The answer to “Should I...

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How Minimum Payments and Credit Card Interest Are Calculated (With Residual Interest Explained)

Credit cards typically have high interest rates compared to most other types of loans. That means it’s potentially expensive to borrow money with a credit card. When you don’t pay your full credit card balance every month, it’s easy to accumulate boatloads of interest fees quickly. What is a credit card minimum payment? It’s the...

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Statement balance

Statement Balance vs. Current Balance: What Should You Pay?

Credit cards are powerful tools you can use to help build better credit. As you do so, you may be able to qualify for even better credit card offers. These better offers might come with bigger rewards, lower rates, and more attractive signup bonuses. However, in order to make the most of your credit cards,...

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How To Change Your Credit Card Due Date

Did you know that you can change the payment due dates on your credit cards? Being able to pick your own due dates gives you more control. It can make paying off your credit cards a bit easier and more convenient. Most of the major credit card issuers will let you do this, and it’s usually easy to do...

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How Paying a Credit Card Works: Understanding Your Credit Card Statement

All the different amounts on your credit card bill can be confusing. On top of that, you may be wondering how you should pay your credit card bill to avoid interest (finance charges) and maximize your credit scores. This is a guide to help you understand what amount of money you should pay, when you...

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How Long Does a Balance Transfer Take?

Many Americans look to balance transfer credit cards to consolidate debt or provide a window of financial flexibility. But as convenient and helpful as balance transfer offers can sometimes be, they’re not instantaneous. In rare cases, a balance transfer could take up to a month and a half to complete. What Is a Balance Transfer?...

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