Biz Tip of The Day: Search for a no-fee credit card (such deals come and go) than cancel your fee-carrying card. As always, it is advisable to pay off credit card debt on time every month because of their astronomical interest rates, late fees, and other charges. It is, however, reasonable to say that some of us tend to run up credit card debt when starting up a business. Dave Ramsey suggests to use his snowball debt approach. He starts you off by paying off the card with the smallest balance, then work your way up, finally tackling the one with the biggest amount due.
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