Posts Tagged "Twenty Days"

    one. Interest Backdating Most card issuers charge interest from the day a charge is posted to your account if you don’t pay in full monthly. But, some charge interest from the date of purchase, days before they have even paid the store on your behalf! REMEDY: Find another card issuer, or perpetually pay your bill in full by the due date. 2. Two-Cycle Billing Issuers which use this technique of calculating interest, charge two months value of interest for the first month you failed to pay off your total balance in full. This issue arises solely when you turn from paying in full to carrying a balance from month to month. REMEDY: Switch issuers or forever pay your balance in full. 3. The Right To Set-off If you have cash on deposit at a bank,...