What is the recommended practice for adding credit cards, their interest, and payments?

Abby Morton
Abby Morton
  • Updated

The current data model only allows for Extra Debt Payments to be entered into credit cards, and there is no place to enter interest rate or minimum payment details. The best practice is to only include payments on credit cards if the client is carrying a balance for any longer than a year. If they’re paying down the balance frequently they should just consider those debt payments as spending.

 

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