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re: Paying off debt update/questions
Posted on 2/16/18 at 6:42 pm to S1C EM
Posted on 2/16/18 at 6:42 pm to S1C EM
quote:
You might want to double-check and be sure your balance transfer covered the loan's full payoff amount. There may have been daily accrued interest that was not visible to you when you made the payment to pay it off.
This!
When I was young, I paid off a credit card one month and since I had paid the balance I stopped looking at it. Until a few months later when I had a late payment reported on my credit report. For a few dollars of accrued interest that I owed. Dinged my credit score pretty good since I still had very little credit history.
Learn from my mistake.
This post was edited on 2/16/18 at 6:43 pm
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