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10 August, 19:05

What are the benefits if you pay off all your high-interest debt such as credit cards and store cards?

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  1. 10 August, 19:32
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    Answer: The law required that 100% of your payment go toward your most expensive debt ... The excess payment is everything you pay above the minimum. The Card Act requires issuers to apply this part of your payment to the highest-interest balance first.
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