Hey, Your LetmePayday Newsletter For 24 August 2022

This is your Newsletter. [LPB]( [LPL]( [LetmePayday Newsletter]( You Might Like     [Learn more about Jeeng](  [5 Do’s and Don’ts of Repaying Your Personal Loan Early]( [5 Do’s and Don’ts of Repaying Your Personal Loan Early]( When you’re nearing the end of a long personal loan road, it’s tempting to wrap your payments up a few months early. Who doesn’t yearn to see that balance zero out? But before you dip into your savings or use an unexpected influx of cash to pay off your personal loan, it’s important to check that your other financial bases are covered. Understanding your financial goals — and were paying off that loan falls among them — will make managing your loan easier. Here are three do’s and two don’ts to keep in mind if you’re tempted to pay off your personal loan early. Do prioritize your monthly expenses first Your monthly expenses — things like rent, utilities, and groceries — are what you need to live. But also consider debts like credit cards and student loans as essential payments that you can’t skip, says Kayse Kress, a certified financial planner at Physician Wealth Services. [[icon] Read MoreÂ](  [Online Personal Loans up to $50,000](   [What Is a Credit Card Disclosure?](  [What Is a Credit Card Disclosure?]( A credit card disclosure is a document that outlines all of the fees, costs, interest rates, and terms that a customer could experience while using the credit card. Institutions that offer credit cards are required by law to disclose this information. Definition and Example of a Credit Card Disclosure Credit card disclosures are essentially the terms of a contract between a credit card issuer and a credit card user. They detail all the ways a customer could incur costs when using the card. They state exactly what those costs will be. The most obvious example of a cost included on a credit card disclosure is the interest rate that a customer will pay on outstanding balances. The disclosure will also detail basic features, such as when payments are due each month. The Truth in Lending Act requires that credit card issuers include these disclosures with all credit card applications and new cards. [[icon] Read MoreÂ](  You Might Like     [Learn more about Jeeng]( Connect with LetmePayday on Social Media Pages [Facebook]( [Linkedin](    [Unsubscribe](