Credit Card Due Date Explained!
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The due date on your credit card statement is very important to understand because you should never make a late payment. You need to at least pay the minimum payment by the due date if you don't want any penalties. You will pay a lot in interest by paying the minimum, but you'll avoid a late payment (which can hurt your credit score and increase your interest rate to a "penalty" APR). I'll explain everything you need to know about the due date and the different payment options.

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