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3 Credit Card Mistakes Costing You Money

Stop leaving money on the table — these credit card habits are quietly draining your wallet.

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Stop leaving money on the table — these credit card habits are quietly draining your wallet.

Transcript

Paying just the minimum each month means you could owe for years and double what you spent. One late payment can hit your credit score hard and stick on your record for about seven years. Using more than about a third of your credit limit quietly tanks your score every single month. If your card charges a yearly fee but you never use the rewards, you are just giving money away.