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Five Purchases to Avoid Putting on A Credit Card - Chase Bank
Moving existing low-interest debt to a high-interest credit card is often a poor financial move.
: Paying federal or state income taxes with a card results in a processing fee between 1.87% and 2.25%. The IRS offers installment plans with interest rates significantly lower than standard credit card APRs.
: Some utility providers charge "convenience fees" of a few dollars per transaction. Over time, these fees make basic services more expensive than paying by check or direct bank transfer. 2. Large Debts with Lower-Interest Alternatives
Five Purchases to Avoid Putting on A Credit Card - Chase Bank
Moving existing low-interest debt to a high-interest credit card is often a poor financial move.
: Paying federal or state income taxes with a card results in a processing fee between 1.87% and 2.25%. The IRS offers installment plans with interest rates significantly lower than standard credit card APRs.
: Some utility providers charge "convenience fees" of a few dollars per transaction. Over time, these fees make basic services more expensive than paying by check or direct bank transfer. 2. Large Debts with Lower-Interest Alternatives
The Pan African Medical Journal (ISSN: 1937-8688) is a subsidiary of the Pan African Medical Journal. The contents of this journal is intended exclusively for professionals in the medical, paramedical and public health and other health sectors.
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