Quote:
Originally Posted by Savage_Messiah
is it "better" credit wise to make payments in one lump sum right before the due date, or to pay a bit each week every week? Or does it not matter?
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Your interest costs will most likely be less if you make weekly payments. Most major credit cards calculate interest based on your average daily balance, so the more you can reduce that balance during the month, the lower your interest will be when you get your statement.
- Justin