How to deal with a credit card that has a low balance
Date: Wed, 01/27/2021 - 19:42
I have a low balance on credit cards. Shall I pay it off? Or, shall I keep it as it is? What to do.
Balance, be it low or high,
Balance, be it low or high, is never good for your credit score.
So, pay it off as soon as possible.
If you don't repay the
If you don't repay the balance, then interest will accumulate and the outstanding balance will keep on increasing. So, repay your cc balance asap.
Hi Keveen! Yes, of course.
Hi Keveen! Yes, of course. You should repay it at the earliest. Otherwise, you may have to shell out a hefty amount on interest payments as Good Nelly has said.