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Type: Posts; User: ma0641

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  1. Question: Credit Card

    by ma0641
    Answers
    14
    Views
    2,970

    Have him pay the maximum he can pay. " paying it...

    Have him pay the maximum he can pay. " paying it for years" EGAD!!
  2. Question: Credit Card

    by ma0641
    Answers
    14
    Views
    2,970

    The interest is based on the balance, not the...

    The interest is based on the balance, not the monthly payment. 8% of $2500 is $202.40 per year. $17 X 12 is $204.00

    I rounded off so close enough. NEVER just pay Minimum if possible.
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