Credit Card Interest
Your credit card balance will be charged an interest by your credit card issuer, just so that you can carry a balance on your credit card after the grace period.
If you do not pay your balance in full every month then you will have finance charges added to your balance.
Interest is charged when you begin your billing cycle with a balance on your credit card.
Interest is also charged any month you make a cash advance or other type of transaction that does not – Read more