http://www.tingmo.com/how-do-you-calculate-credit-card-interest/ Online Articles and Resources Sat, 03 Dec 2011 11:47:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.tingmo.com/how-do-you-calculate-credit-card-interest/comment-page-1/#comment-286 Tenzin Zhivago Mon, 20 Jul 2009 18:00:58 +0000 http://www.tingmo.com/?p=241#comment-286 Federal government launched a tool few months back called a Credit Card Repayment calculator. It tells the consumer exactly how long it will take him or her to repay all your credit card balances. All you need is your total balance along with the maximum APR number your credit card bank or company charges you. Federal government launched a tool few months back called a Credit Card Repayment calculator. It tells the consumer exactly how long it will take him or her to repay all your credit card balances. All you need is your total balance along with the maximum APR number your credit card bank or company charges you.

]]> http://www.tingmo.com/how-do-you-calculate-credit-card-interest/comment-page-1/#comment-217 joe the banker Fri, 03 Jul 2009 06:33:57 +0000 http://www.tingmo.com/?p=241#comment-217 Well you are half correct for average daily balance is the most common practice of calculating the credit card interest rates. Don't forget the prime rate also, the rate that tries to match up with the ones banks has to offer. Often the interest rates offered at end are always higher. Well you are half correct for average daily balance is the most common practice of calculating the credit card interest rates. Don’t forget the prime rate also, the rate that tries to match up with the ones banks has to offer. Often the interest rates offered at end are always higher.

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