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Replying to @may hopefully this helps understand how the credit card statements/billing cycles work! When we’re paying our payment on the due date, we’re actually paying charges from the previous billing cycle (statement period). #credit #score #tips #howto #creditcard #card
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Credit Card Mistakes you’re probably making Pt 1 💳 1: Relying too heavily on authorized user accounts instead of primary trade lines. 😵‍💫 👉🏾Your borrowing power is 90% based on your PRIMARY tradelines, AU accounts only affect very little even if it increases your credit score. 2: Not paying your credit card properly and being aware of the Due Date vs Statement Date.🤧 👉🏾Your due date is for your bank to determine how much interest they can legally charge you. If you take care of your stat
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