Tag: payoff

2 articles

Credit Card OptimizationMay 17, 20263 min read

Credit Utilization and Debt Payoff Impact

Credit utilization and debt payoff impact: how balance-to-limit ratios affect credit scores while you pay down cards, and why payoff order matters for FICO and VantageScore.

credit utilization
credit score
payoff
revolving credit

Credit Card OptimizationMay 12, 20263 min read

Why Minimum Payments Keep You in Debt

Why minimum payments keep you in debt: low principal reduction, rising interest share, and issuer formulas designed to extend payoff timelines for years.

minimum payments
credit card debt
interest trap
payoff