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	<title>Tingmo Article Resource and Directory &#187; credit cards</title>
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		<title>How Do You Calculate Credit Card Interest?</title>
		<link>http://www.tingmo.com/how-do-you-calculate-credit-card-interest/</link>
		<comments>http://www.tingmo.com/how-do-you-calculate-credit-card-interest/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 07:57:03 +0000</pubDate>
		<dc:creator>Tenzin Zhivago</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[credit cards]]></category>

		<guid isPermaLink="false">http://www.tingmo.com/?p=241</guid>
		<description><![CDATA[Have you been curious about how credit card companies calculate the interest rates they charge on your balances? We will discuss the various methods of calculating credit card interest rates. Most issuers use adjusted total balance and average daily balances. But there are more than 15 different ways of calculating credit card interest rates.
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