Is it true that the payment on the 14th and last day of each month is deducted from credit card interest?
I want to maximize the profitability of credit card debt. I can not find the article, but I read somewhere that the 14th and last working day of the month were the dates "magic" to reduce credit card interest and debt.
Not true. To maximize your score you want to focus on the date of your credit card companies report to the agencies. Most people think paying your bills on time, or the day you receive your bill is good not to;. Report credit card companies offices first, then mail your invoice. What this does is always shows their cards with balances, because the date of report is just before you actually make your payment. Make sure your payments are always before the reporting date
How to Reduce Credit Card Debt – Humor
