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Clear credit card dues on time to avoid high interest

Clear credit card dues on time to avoid high interest

Thursday, March 23, 2017, 3:32 PM

Failing to pay the outstanding dues on credit cards by the due date not only attracts hefty late payment fee and interest charges, it also reduces your credit score. To ensure regular payment by the due date, set standing instructions on your savings bank account to deduct the entire outstanding amount on a pre-determined date, which is before the regular due date, every month.
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