 If a person dies with outstanding debts, does the family inherit the debt? |
| If a person does not have a spouse, or children, are their siblings responsible for their debt when the person dies?... |
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 Can i sew if i fall outside a goverment office becasue the blocks of concrete are not leveled? |
| i fell outside of the juvenile center because i was running up to the door and i fell over the blocks on the ground, because of the block that was not evened out, so i scraped my elbow, hand, knee ... |
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 My credit score is bad!? |
| i got into some debt a few years back and had some late payments on a few credit cards and when i got my credit report today it said the rating was POOR what can i do besides making my payments on ... |
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 Can a collection agency take money from my husbands army active duty paycheck? |
| a collection agency called and threatened to take the paycheck money and get my husband in trouble in the ... |
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 Is it woth to get a credit card for 30 dollar savings? |
| is it worth it to get a credit card from buy.com to save 30 dollars. I have pretty good credit but i don't really use credit card so if i get it i wont use it and just end up cancelling it. i ... |
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 If you only pay the minimum payment on a credit card, will it hurt your credit? |
| If I don't have all the money one month my bill comes, and I just pay the minimum balance, will that be negatively reported on my credit report?... |
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 Anyone Else Find It A Little Funny About The Lifelock Guy Having His Identity Stolen? |
| You've seen the commercial.. Guy has his social security number on the ad... I was tempted to try doing something with it just to prove their service is crap... Apparently multiple people did ... |
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 Can some one please tell me if there is a UNSECURE credit card for people who have NO credit?? |
| i got alot of help from the people who answered my other ? bout gettin a credit card with no credit but now i ran into another problem..the orchard card doesnt let me choose which kind of card i ... |
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| How can i get out of debt? |
| everytime i try to get out of debt i seem to get in more debt.. i don't splurge on stuff but i just can't seem to get out of debt... i have horrible credit so i probably won't be able ... |
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 Does anyone know what my score may be now? |
| About 2 years ago I had a lot of charge-offs which I have paid completely off with the exception of 2 which I now pay on every month. I have not miss a payment and have not been late on anything in ... |
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 Where can i get a credit card from if i have no credit histroy, and no job "on book"? |
| I have a job, getting paid cash, and i would easily be able to afford the credit card, but i have no credit history and no job on the books, and was already turned down by citibank, and capital one ... |
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 Is it cheaper/more flexible to buy a car with a loan from a bank or the dealer? |
As in the ultimate amount of interest paid, the flexibility of paying more per month if required, etc?
Additional Details
Thanks for your answers - I realise it's a bit of an ... |
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 Credit and gambling? |
| 2 years ago i did't have any credit at all, so I asked my mom could I apply for a card in her name then add me as an authorized user to help me build credit. She agreed as long as I was ... |
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pere4220 | Is it better to pay the whole amount on a credit card of just pay the due amount? |
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Matt
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If possible pay your bill in full every month. This will help you avoid interest and build your credit score quickly. |
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Faye H
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If you pay the whole amount, you won't incur and interest charge. If you pay the minimum amount due, interest will be added to your next bill that will amount to almost as much as you just paid them.
A $3000 credit card bill at 18% interest will take 7 years to pay off if you only pay the minimum payment plus, you'll have paid about $2000 in interest during that time.
It's WAY better to pay the entire amount due. |
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PEGGY S
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Better to pay the full amount. The interest rate is too high on charge cards. Plus it will take you forever to pay it off, if you only pay what they say is due. |
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Lyn
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It's better to pay it off. The late fees, interest & guilt just isn't worth it! |
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U-98
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Credit cards charge extremely high interest. It would have been considered loan sharking 20 years ago. You should have exactly 0 money outstanding on a credit card account. Even an overdraft on your bank account is better than an outstanding credit card debt. |
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leigha
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better to clear the balance every month to avoid interest, its starts with a little interest, and gradually will get worse, you may end up paing all interest and nothing off the balance. Dont go there |
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bostonchick
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For you, it's better to pay the whole amount. For the credit company, they love it if you only pay the due amount because then they actually get more money out of you for the interest charges. Don't forget, whatever balance you have will cost you more if you don't pay it off. |
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9lives
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if you can afford to pay more than the amount due every time.
But paying it off completely doesnt help your credit. if you are making payments greater than the amount due then your in good shape.
Now, if youve had the card for two years and came across a mass amount of money paying the card off would be a great idea. |
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Answer
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If you don't have other debts with higher interest rate, then it works in your favor to pay the whole amount on your credit card. Otherwise, you will end up paying interest on the remaining amount of credit owing, and credit card interest rates are typically quite high compared to home loans and most loans. |
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Feeling Mutual
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Yes |
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$m¤¤v¥ £¤¢¤
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Pay it off for 2 reasons: 1. You don't want to rack up interest on what's left to pay. and 2. It has a direct affect on your utilization ratio (how much you owe vs. your total available credit), which counts as 30% of your score
One more reason....You won't have to worry about forgetting to make a payment, becuase it would be paid off! |
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bronny_4_u
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dont pay the whole amount,
what you do is you check what your due amount is and you pay a little more than that.
it helps you build up a credit record. |
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ELBASH
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Paying the due amount gives you more freedom arranging your financial matters |
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