Thread: Bi-weekly CC payments?
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Old 10-06-2005, 07:44 AM
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Default Re: Bi-weekly CC payments?
Basically, I'm not sure about any of this, but here's my guess:
My credit card lets me make a payment every 8 days if I want to (online). If I had an outstanding balance, I would be change interest on the average daily balance. If I made more payments my average daily balance would go down and I'd be charged less interest. So, I think if I had an outstanding balance and I made payments every two weeks (online) I'd be saving money . . .
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