When you go to make a credit card payment, you’re presented with two options: paying the balance off in full or making the minimum payment due. While the latter can be tempting, doing so can negatively impact your financial well-being.
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- May 20, 2022
- Posted by General Electric Credit Union
- 3 read
Loans are a fantastic way to put big-ticket items in reach. Whether you took out a personal loan to fund a home improvement project, an auto loan for a new ride, or a mortgage loan to secure the home of your dreams, you’ll need to make monthly payments to satisfy your obligations as a borrower.