How do I calculate minimum payment on a revolving credit account? - revolving credit calculator
I have a credit limit of $ 9,000 to Polar Star Cards. I know what will be my minimum amount for payment before purchase, so you can decide how much to spend. I've tried online calculator free, but they tell me, how long does it take to pay, rather than requiring the card issuer.
Friday, January 22, 2010
Revolving Credit Calculator How Do I Calculate Minimum Payment On A Revolving Credit Account?
5 comments:
is usually 3% of total assets (including PCP) or $ 15 or something that grows.
We can not say what your minimum payment is not knowing your interest rate, the exact conditions that have accepted you and how your credit card company credit card is your average daily balance.
All this must be written in the formal approval of the credit card that you receive from the Company or on its website.
Depending on your credit, the company is usually 1% to 3% minimum payment. To determine the interest rate and balance. I recommend not spend more than you can pay each month. This will avoid paying interest on their purchases.
It is usually 4% or $ 15, which is growing. Certainly not good for loans to create and preserve your credit score
www.credit-cards-comparisons.com has excellent information on issues of credit (and no, it is not) my site.
Read the terms and subject to your credit card. They differ from bank to bank. If you have further questions, please call the 800 number on the back of the card.
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