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  2. Should I close my credit card if I have a high interest rate?

    www.aol.com/finance/close-credit-card-high...

    Having multiple credit cards is good for your credit score, so consider keeping your high-interest account open while you look for a new card with lower interest or better credit card rewards ...

  3. Why is good credit so important? - AOL

    www.aol.com/finance/why-good-credit-important...

    500 credit score. 700 credit score. Interest rate. 17.63 percent. 8.59 percent. Monthly Payment. $630. $514. Total interest paid. $12,789. $5,844

  4. What is an excellent credit score? - AOL

    www.aol.com/finance/excellent-credit-score...

    Credit cards for those with excellent credit scores generally offer lower interest rates, thanks to your strong credit history. When lenders trust you to pay back your debt promptly and ...

  5. Should I close my credit card if I have a high interest rate?

    www.aol.com/finance/close-credit-card-high...

    Key takeaways. High-interest credit cards can significantly increase the cost of carrying a balance, with rates around 30% APR being particularly expensive.

  6. How to cancel a credit card without hurting your credit score

    www.aol.com/finance/cancel-credit-card-without...

    The credit card issuer may extend an attractive offer that makes it worth your while to stay, such as waiving the annual fee for a year, lowering your interest rate or issuing bonus rewards.

  7. Want a better credit card interest rate? Try smaller ... - AOL

    www.aol.com/finance/want-better-credit-card...

    With average credit card interest rates at an all-time high, snagging a lower rate could help reduce the interest you pay and enable you to get out of debt more quickly.

  8. 3 Lesser-Known Pitfalls of Having a Credit Score Under 600 - AOL

    www.aol.com/3-lesser-known-pitfalls-having...

    The average U.S. credit score was 715 in 2023, says Experian, one of the three credit bureaus. And that score is considered good (though not great). A credit score of under 600, on the other hand ...

  9. Pros and cons of a balance transfer - AOL

    www.aol.com/finance/pros-cons-balance-transfer...

    The low or zero percent introductory annual percentage rate (APR) could help you pay off your credit card balance faster, save you money on interest and even improve your credit score. But despite ...

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