How to Set a Billing Cycle for Credit Cards?

Credit card issurs encourage customers to revolve the outstanding balance by paying only a minimum of minimumo five % of the total amount. A clear and upfront explanation of the interest rate and any other an charges enough will enable the customer to make a more informed choice regarding the cost involved in rewarding he outstandings on his or her credit card. The apa of three point five% per month charged on cards translates to an astounding annual rate of forty two%. That's not clearly extortionist, but nowsaino, the rules as wer the rules.