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Let Your Money Work For You

Let Your Money Work For You
All You Wanted to know about money

Wednesday, February 17, 2010

Managing Credit Cards











pl spend some time on the image specifically and find answers for
  1. How billing is done?
  2. How many days grace period do you get?
  3. Is it single cycle or double? including new purchases or excluding new purchases?
  4. Is there an annual fee? and how much??
  5. What interest rate is cahrged? (Annual Percentage Rate)
  6. Is APR same for all kind of credit use?
  7. How finance charges operate?
  8. What is the late payment fee?
  9. And a final look when you get out of debt if you continue to pay the minimum charges alone!!!

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