Sentences with phrase «save you money on interest charges if»

Not exact matches

With less debt, you save money on interest charges and reduce your risk of financial catastrophe if your income is disrupted and you are unable to make payments.

If you know you need (or might need) to charge an amount that you can't immediately pay off, a low interest credit card can help you save money in interest on those purchases.

If you pay your balance off in full each and every month you save money on interest charges and will never find yourself deep in debt.

Paying extra on my mortgage over the last 16 years (with different properties) has enabled me to (1) refi right before my ARM unlocked in the middle of the housing meltdown, which saved me a lot of money in interest payments going forward, and (2) obtain a sizeable HELOC against my current house, which will give me access to funds if I need them for my fourplex remodel, but will only charge me interest if I need to use it.

If you'd like to save money on interest on the balance you're currently carrying, then you're probably most interested in a credit card that charges 0 % interest on balance transfers.

Typically, if you want to save the most in interest charges, you'd take a strategy to pay the monthly minimum required on each credit card to avoid fees — and then apply as much money as possible toward the credit card that charges the highest interest rate.