Do you make extra credit card payments?

[sparkysgirl]

do you send one payment in when it's due with extra money on it? , or do you pay with paypal and make a bunch of payments on it as you get it?

[PRICEPLUS]

Re: Do you make extra credit card payments?

Always pay it off if possible at the end of the month. I always in the past sent more than the minimum so as to get out of debt!

[disneysteve]

Re: Do you make extra credit card payments?

I pay the bills in full within a couple of days of them arriving.

[LivingAlmostLarge]

Re: Do you make extra credit card payments?

All bills paid in full on the first of the month. Got into the habit because I'm paid once a month.

[JanH]

Re: Do you make extra credit card payments?

I am too deeply in debt to pay CC in full, but since I don't really use them anymore, I'm just paying on them. I pay one payment with extra amounts on the accounts that I mail, and make additional payments on the local accounts.

[tgavin71]

Re: Do you make extra credit card payments?

Our money is in our mortgage account reducing our interest bill. I transfer the money to our credit card the working day before it is due.

[poundwise]

Re: Do you make extra credit card payments?


I'm proud to say that we only have a balance on one credit card remaining as part of our debt elimination plan. On that card, I send a payment in the day my statement is available online and then I send another payment about two weeks later (mid-cycle). This saves some interest and it especially adds up considering that I do this each and every month. In addition, if I have some extra money at virtually any given time I may also send a payment in then. This credit card lets me make payments online every 3 days, so I am pretty free to make payments at will.

[MonkeyMama]

Re: Do you make extra credit card payments?

Paid in full around the first of every month too.

[PrincessPerky]

Re: Do you make extra credit card payments?

CC is now paid off, but I used to send just one lump sum..it was practically ALL availible funds, leaving just barely enough for groceries, and gas. and I only had extra one pay check a month (the other went to mortgage)

Now we are working on the car, and I plan to do the same thing, though we now get paid weekly..seems to be more money..course we also make more..heh..a problem, but a nice problem to have!

[JoyJoy]

Re: Do you make extra credit card payments?

There are months that I had a large purchase and didn't PIF. I would divide the balance into 3 payments and in 90 days I was back to a zero balance. It all depends on your individual circumstances.

When I was heavily in debt, I sent each creditor $10.00 over my monthly payment. I never sent the minimum. Even if it is a $1.00 over , your account will say "Pays more than the minimum" which looks pretty good upon review of your account I would imagine.

Just my 2 cents!

[fairy74]

Re: Do you make extra credit card payments?

I pay each payday and make sure paid in full before due date through the electronic bill pay with Chase, not through Paypal

[Hez]

Re: Do you make extra credit card payments?

I usually pay about twice or more per month, depending on how often I've used my credit card. This is only because I have my cc connected to my online banking, so I pay it off within a few days of spending, regardless of when my cc bill is due.

If I had to pay it off through snail mail, I would just pay the full amount each time. My balance is never very high because I (mostly) only use my cc for fixed things like my cell phone bill.

[I'm going to win]

Re: Do you make extra credit card payments?

I make $500 every two weeks on 1 CC and pay the others about the minimum. I've got to get the citibank @ 19.99% paid of first. that should be about the 25th. Then it's on to the next one.

[tabbycat31]

Re: Do you make extra credit card payments?

I pay mine in full each payday (online)

[Ima saver]

Re: Do you make extra credit card payments?

I Pay mine in full when it arrives.