Questions tagged [twice a month]

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BlockchainBaron BlockchainBaron Fri Aug 30 2024 | 6 answers 1348

Is it bad to pay off credit card twice a month?

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?

Is it bad to pay off credit card twice a month?

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