I have paid the min before due date on a few cards and then later in the month did my actual payment.

One card I have is a union card and for one year now no interest, but starting in Dec they will charge interest and they have a skip a month option that I have used. What is the best way to handle this card with the interest starting in a few months vs others always having interest? I am using that card more often now.

My FICO score dropped a lot after car loan and cannot even try to get a lower rate. I had a bankruptcy in 2004 and my rate is 9.5R% with capital one.

They do have info about the car loan and paying ahead and can only do three months otherwise mail it to them with note on where it is to be applied. The site has another amount to see if you want to pay it off by a certain date.

My problem now is CA Gov just cut my pay due to budget cuts, and when it is all done we get money back, so I want to save that for payments on cards.

I’ve heard of snowflaking, but this is the first time I actually took the time to read what it’s all about. I love the idea, it’s very powerful, and I saw it in my own life. Although I didn’t know I was snowflaking at the time.

You also covered a lot of basic and extremely helpful tips, e.g. paying to the principle if possible, saving up otherwise. I think the thing to note here is – always understand your loan agreement, read the fine print.

Well done, thanks, and keep it up.

I’ve been keeping track of my snowflakes to make sure they go where they need to go, and I’m amazed at how much they add up!