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Paying More Than the Minimum | Tulsa News
Americans are buried under $1.2 trillion in credit card debt, with delinquency rates at a 15-year high—mostly from covering basic expenses. Paying only the minimum traps you in a cycle of ballooning interest and penalties, which can skyrocket if you miss a payment. The key? Pay more than the minimum to slash interest and crush the principal faster. Experts say the fastest path to freedom is paying off your balance ASAP. If that’s too tough, consider a balance transfer card with 0% APR to give yourself breathing room while you pay down the debt. Listen in comfort:Get a discount on a Soli…
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