Lynda Palmer Shares Expert Tips for Avoiding Credit Card Interest on WalletHub

Lynda Palmer, faculty member and Director of the Education to Business (E2B) Program at the Pepperdine Graziadio Business School, was recently featured on WalletHub, where she shared practical strategies for avoiding credit card interest charges—a common financial pitfall for many Americans.

Palmer emphasized that avoiding interest charges starts with building smart financial habits. Among her top tips: always pay more than the minimum balance, avoid using credit for unaffordable purchases, and treat your credit card like a debit card—only spending what you have already budgeted.

She also stressed the importance of paying your balance in full each month, setting up alerts, and closely monitoring your statements to avoid missed payments and unnecessary fees. For those facing financial emergencies, Palmer recommends creating a clear payoff plan to keep short-term issues from snowballing into long-term debt.

Her insights provide valuable guidance for anyone seeking to establish healthier financial habits and avoid the challenges associated with high-interest debt.

Read the full article here.