How does paying off the balance monthly help a credit card user avoid finance charges?

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asked Mar 13, 2021 38.2k views

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Mateusz Kubuszok · Answer 1 · 2021-03-17T14:36:17+0000

Credit cards allows us to make purchases today and pay for them later. If it takes us longer than a month to pay off our balance then we will have to pay an extra fee in the form of a finance charge.

How does paying off the balance monthly help a credit card user avoid finance charges?

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