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Question 8

Autopay reduces late payments but can hide unused subscriptions; pairing autopay with periodic audits is best practice.

Turning on autopay primarily does what?

Did You Also Know...

By Wise Wallet

A HELOC (home equity line of credit) functions like a credit card secured by your home’s equity and carries variable rates and repayment risks.

Makes late fees less likely by automating payments.Automatically cancels unused subscriptions.Guarantees you’ll never be overcharged.Eliminates the need to check statements.
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