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  • Member Since: July 24, 2018

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A box on my credit card bill says that I will pay off the balance in three ...

A box on my credit card bill says that I will pay off the balance in three years if I pay a certain amount. What […]

276 total views, 1 today

 

My bill shows the amount of interest I have paid for the entire year. What&...

My bill shows the amount of interest I have paid for the entire year. What’s that about? Card issuers are required to let you know […]

278 total views, 0 today

 

My bill shows the amount of fees I have paid for the entire year. What̵...

My bill shows the amount of fees I have paid for the entire year. What’s that about? Card issuers are required to let you know […]

272 total views, 0 today

 

There is a “credit balance” shown on my statement. What is a cr...

There is a “credit balance” shown on my statement. What is a credit balance? A credit balance on your billing statement is an amount that […]

263 total views, 1 today

 

What is the difference between a fixed APR and a variable APR?

What is the difference between a fixed APR and a variable APR? The difference between a fixed APR and a variable APR, is that a […]

275 total views, 1 today

 

What is a “daily periodic rate” on a credit card?

What is a “daily periodic rate” on a credit card? Some card issuers calculate interest on the account using a daily periodic interest rate.  A […]

295 total views, 0 today

 

What is a grace period for a credit card?

What is a grace period for a credit card? A grace period is the period between the end of a billing cycle and the date […]

315 total views, 1 today

 

I paid off my entire bill when it was due last month and still got charged ...

I paid off my entire bill when it was due last month and still got charged interest. How can that be? If you’ve been carrying […]

304 total views, 0 today

 

Do I pay interest on new purchases after I get a zero or low rate balance t...

Do I pay interest on new purchases after I get a zero or low rate balance transfer? For most credit cards, if you carry a […]

265 total views, 1 today

 

Can a credit card company charge me interest after I close my account?

Can a credit card company charge me interest after I close my account? If you still have a balance when you close your account, you […]

287 total views, 0 today

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