Why Paying Only the Minimum Will Cost You

One of the greatest conveniences of credit cards is the ability to defer payments on purchases, no questions asked. However, consistently paying just the minimum is one of the worst things you can do for your long-term financial health.

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Travel Hackers Share Rewards Card-Milking Tips

Travel hacking sounds pretty good: Sign up for a bunch of travel rewards cards with hefty sign-up bonuses and then cash in your miles to jet around the world on the cheap. But it’s not for everyone

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New Loan is Not the Answer to Debt Problems

When you’re falling behind on debt payments, another loan may seem like just the bandage you need. But it will only help you dig deeper into debt, says Erica Sandberg

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Should I Pay Off my Card Debt Gradually?

Stretching out your credit card debt will not help your credit score. If you really want to build your credit, you’re better off using your card regularly, but zeroing out the balance each month

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Make Sure Your Credit Limit is a Good Fit

Deciding how much credit you need, and can safely use, is a bit of a balancing act. The trick is giving yourself enough headroom for necessary purchases without giving yourself temptation to go overboard

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