Is it the whole cost of the purchase plus the interest rate? Or is it a portion of the purchase plus the interest rate (like loans)?
2006-09-17 16:13:48 · 3 answers · asked by Holly 5 in Business & Finance ➔ Credit
it is a portion plus interest. how much will depend on the card. it will probably be a small amount they want you to take a long time paying it off so they can charge lots of interest. pay it off as fast as you can and you will save lots of money
2006-09-17 16:29:51 · answer #1 · answered by freedd 2 · 0⤊ 0⤋
What is actually due is only your minimum payment, probably $20 or so. You can pay more or all if you like but all that is required is a very low payment each month
2006-09-17 23:44:02 · answer #2 · answered by forcelite 2 · 0⤊ 0⤋
credit cards are grate if you get the rite one and PAY ALL the bill
or over haft ? .019 is 19 cents on ever dollar you spend so on
2006-09-17 23:36:28 · answer #3 · answered by runninglate 2 · 0⤊ 0⤋