Paying more than the minimum payment due on your credit card bill each month can…

Paying more than the minimum payment due on your credit card bill each month can help you pay off the debt faster. You will also save money by paying less interest. Lowering the balances on your credit report works to raise your credit score, whereas carrying high credit card balances lowers your score. It also shows creditors that you can manage your credit responsibly.

Source by MyFriendLizzy