How Your Credit Card Interest is Calculated

Have you ever wondered how the interest that is charged on your credit card is actually calculated?

If you understand a little of the credit card company’s math, you can save yourself lots of money over your lifetime by realizing EVERY DAY counts.

Click on the video image below to see a simple example of how your APR and your payment schedule really impacts the interest you are charged.

A short Pop Quiz follows below the video.


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Pop Quiz

[qsm quiz=214]

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