How Do Credit Cards Work?

In wynab we see 50 dollars of that minimum payment as being interest, and a hundred 50 of that being the prior debt. Because of the way it's compounded, it is kind of hard to figure out. I imagine there's probably a some sort of calculator on line for all the amatization er. If you're paying it down, if you're paying down 200 dollars a month towards a couple of thousand dollar balance, your interest charge is going to be pretty similar from month to month.