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0% credit card minimum payment versus full payment
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Also bear in mind that lenders do not make anything from people who rapidly pay everything off. If they see you consistently making the minimum payment (but never missing a payment nor otherwise misbehaving) then you will look like a profitable customer and may well be given access to products that would be denied to those who pay everything off.0
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Voyager2002 wrote: »Also bear in mind that lenders do not make anything from people who rapidly pay everything off.
Depends how much you spend on the card. Activity creates income.
Also a balance transfer incurs an upfront charge. After that the lender gets the "cash" back so to speak. So can offer advances to other borrowers by relending the money. .0
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