Interest tricks by Credit Card Companies @ TipDrop.com

Interest tricks by Credit Card Companies

Tip Sheet Credibility: 24

created by Rick Imby 2009-10-01 09:59:47 am

Tip Sheet

I write the charges I make on my card in my Checkbook so I know how much I will owe on my card each month. Just like keeping a checkbook balance.

Tip Credibility: 42 (Best Tip!)

submitted by Suzie Netten 2009-10-01 10:17:23 am

You do not pay interest on your new charges if you pay within the free time given you by the Credit Card companies. If you are carrying a balance you pay interest from the day you charge another item. Never charge on a card with a Balance.

Tip Credibility: 4

submitted by Rick Imby 2009-10-01 09:59:47 am

Credit card companies have shortened the float time on your card. Your bill is due sooner and the due date will keep changing.

Tip Credibility: 4

submitted by Rick Imby 2009-10-01 10:00:48 am

Auto Pay setup on your credit card. This will keep you from having any late fees. If you do not pay off the card you will still have interest but no late fees.

Tip Credibility: 4

submitted by Rick Imby 2009-10-01 10:03:59 am

What do you know about that?

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