Property Taxes: To Pay with Credit Card or Not?

Property taxes are surging, with single-family homes seeing a five point one percent increase. This rise, coupled with mortgage, insurance, and other costs, could lead to a hefty surprise bill. While some homeowners consider using credit cards to pay, its essential to weigh the pros and cons. Processing fees, high APRs, and potential credit score impact are downsides, but benefits like rewards and cash flow management may outweigh them. If opting for a credit card, choose one with an introductory zero percent APR or sign-up bonuses, and have a clear repayment plan to avoid interest charges.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.