Re: Help Needed
maxfleischer, thanks for your input, that was a well thought out reply!
I don't find myself in that situation currently thank goodness. I can certainly see how a person could feel that way. My situation is similar to several people that have posted on the site. Although I hate to see someone struggle it nice to know that you are not alone in your problem.
One question (for anyone) is it smart to pay your credit card daily or weekly (whatever is possible) since interest is accumulated daily? I was thinking about trying. I use homebanking which allows an unlimited amount of transactions. For example if my minimum payment is $60 I would pay $2 everyday of the month. Will this reduce my interest charges?
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