Answered

Make a plan with 3 ways that will allow you to keep credit card interest from multiplying
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Answer :

GinnyAnswer

Final answer:

To prevent credit card interest from multiplying, focus on paying off high-interest debt first, choose cards without fees, and maintain a low credit limit.


Explanation:

Three Ways to Prevent Credit Card Interest from Multiplying:

  1. Pay off the Debt With the Highest Interest First: When you have multiple debts, prioritizing the one with the highest interest rate can save you money in the long run.
  2. Avoid Cards with Annual Fees or Minimum Usage Requirements: Select credit cards without additional fees or usage requirements to minimize unnecessary costs.
  3. Maintain a Low Credit Limit: Keep your credit limit low to limit potential debt accumulation and control spending.

Learn more about Credit card interest prevention here:

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