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Paying your rent on a credit card if you're living month to month sounds like it is a recipe for some spiraling out of control consumer debt.

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That was exactly my first thought when I saw this headline.

You thought people were racking up crazy credit card debt before... When this baby hits 88 mph, you're gonna see some serious shit.

Sometimes your paycheck doesn't arrive on time to pay your rent, and paying on a credit card to absorb the fee temporarily is a viable option for some people. Paying with a credit card also isn't a requirement...just an option :)

Or get a line of credit. Or overdraft protection. Or in the worst case just take out a cash advance on your credit card for a few days. 3.25% off the top just to pay your rent is insane.

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