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I think "more flexible" means that the payment periods are better aligned with your pay periods. The CC companies are going to want money every month on the sam
by HWR_14 4y ago
I think "more flexible" means that the payment periods are better aligned with your pay periods. The CC companies are going to want money every month on the same day.
- smugma 4y agoMost credit cards let you pick your payment due date.
- gruez 4y agoWhy is this a relevant factor? With a credit card you have a 3-4 week grace period to pay the bill. If you get paid every 2 weeks/twice a month then the due date is never more than a week away from your last paycheck.
- HWR_14 4y agoNo, you have a 3-4 week grace period. People with poor credit do not.