View Single Post
  #3 (permalink)  
Old 01-08-2005, 10:48 AM
amomof4 amomof4 is offline
$ Saving Jr. College Student
 
Join Date: Dec 2004
Posts: 396
Points: 14145.30
Donate
Default Re: Beat the Credit Card Company

This is a little hard to explain, but I will try. I just found out this myself, so I'm not an expert. If you pay off your credit card in full this month, but you had a balance last month, then next month you will pay interest even though it had been paid in full last month.
I hope that makes sense, if not, maybe someone can do a better job of explaining.
Reply With Quote