Sentences with phrase «than the minimum due»

Paying more than the minimum due on credit card balances is good practice for a couple of reasons.

While saving, still try to pay an amount that is at least more than the minimum due on your credit cards to reduce the accumulating interest.

According to the survey of 1,100 Canadian consumers, 88 % indicated that they more often pay a greater amount than their minimum due on revolving debts each month.

It is essential that you pay off more than the minimum due with an aim towards paying off the transferred balance before the end of the introductory period.

Paying more than the minimum due assures you'll be able to pay down interest quickly, as well.

Be sure you've calculated your payments correctly and pay more than the minimum due when necessary.

A better way to repair credit is to make consistent payments every month that are higher than the minimums due on all of your cards.

Once you start paying back your student loan, you can improve your credit history by not only paying on time, but also paying more than the minimum due.

Having a balance that represents 35 percent or more of your overall available credit limit on each card will actually hurt you, even if you make all of your payments on time and consistently pay more than the minimum due.

Having a balance that represents 35 percent or more of your overall available credit limit on each card will actually hurt you, even if you make all of your payments on - time and consistently pay more than the minimum due.

If you have a Federal student loan, and you pay more than the minimum due, that extra payment is applied to your next payment.

About 40 %, or 4 in 10 Canadians, were uncertain about the importance or benefits of paying off more than the minimum due.

If you can't service the entire amount each month, try and pay more than the minimum due.

Every quarter in which you pay more than the minimum due each month, you will receive a $ 25 bonus — that translates to a maximum payout of $ 100 per year.

But for cardholders who have balances on the same card at different interest rates — for example, a balance transfer or a cash advance amount in addition to a purchase amount — it's even more important to pay more than the minimum due.

If they maintain their Bank of America accounts for a year and make all payments on time, and pay more than the minimum due, customers will earn $ 120 in rewards every year.

The data can be used to distinguish between borrowers who are «transactors» and tend to pay off their debt, or at least more than the minimum due, and «revolvers,» who maintain higher balances.

Pay more than the minimum due: If you can, try to pay more than just the minimum amount due on your credit card bill.

Hopefully, you're already paying more than the minimum due, but, either way, you need to know how long it will take to pay off each card.

One approach rewards «good» credit behavior, such as paying more than the minimum due, with carrots such as cash back and discounts on interest payments.

Many people get more than the minimum due to many accidents being more expensive than the minimums allow for.