Find out if your credit card calculates finance charges based on your average daily balance. This means that your finance charges are based on the daily average that you hold in your account. Over the billing period, the daily averages are added together and then divided by the number of days in the billing period to determine interest due. This is more expensive for you than calculating by the adjusted balance method, but less expensive than calculating by the previous balance method.
Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.
Guru Spotlight |
Candi Wingate |