Answer :
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:
- 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.
- Avoid Cards with Annual Fees or Minimum Usage Requirements: Select credit cards without additional fees or usage requirements to minimize unnecessary costs.
- Maintain a Low Credit Limit: Keep your credit limit low to limit potential debt accumulation and control spending.
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