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How to Calculate Credit Card Interest That You Owe (APR)

Debt & Credit Cards

How to Calculate Credit Card Interest That You Owe (APR)


How much does the average consumer really know about how credit card finance charges are calculated? Under normal circumstances, you should always strive to pay off your credit card balances in full by your monthly statement due date, thereby avoiding interest charges altogether. But knowing the factors that contribute to the interest rate you’re paying is key to lowering your rate.

How to Calculate Credit Card Interest That You Owe (APR) is a post from Money Crashers.

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