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Don’t forget about APRs


In addition to the number of cards, their limits and the amount a person charges on them, people who are cognizant of a card’s annual percentage rate (APR) can more responsibly manage their financial health. APRs are not currently reported by credit card companies to the consumer reporting agencies (CRAs), and therefore they are not explicitly considered when computing your FICO® Score. However, consumers who know the APR of all cards held can add any necessary debt to the card with the lowest APR, or pay off more debt on cards with higher APRs to decrease money paid toward interest charged.

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