You should use a second credit card to pay it off
That actually was a thing and people would keep 3 to 4. But they had to stop allowing that.
If you can get a better rate on a card somewhere else it would make sense. But if people understood interest rates they probably wouldn’t be in this mess to start with.
Tap for spoiler
I know there’s people out there that really didn’t have a choice but many, many did.
This is called “churning”.
I alternate credits cars, payday loans, and cash advance apps that somehow get around payday loan regulations
Oh no, the interest rate went up!
Who could have seen that coming?
No but for real, they’re actually switching over to the FICO 10 T model for credit scoring like, this week and next week, probably gonna leave a lotta people fucked up in the credit score department.
Whole lotta tricks that people used to use … they’re not gonna work anymore.
FICO 10 T model
oh boy
What is that
