Sentences with phrase «interest on the remaining balance»

Lastly, the best way to handle any credit card is by paying off debt in full every month if you have to pay interest on the remaining balance otherwise.

If you don't pay your balance in full by the end, you are charged interest on the remaining balance at whatever your interest rate is on the card.

Lastly, the best way to handle any credit card is by paying off debt in full every month, you have to pay interest on the remaining balance otherwise.

First, you'll pay more in interest on the remaining balance.

If the original length of your loan is more than 12 months an early settlement fee of 58 days interest on your remaining balance will be charged.

When you only pay the minimum, you get stuck accumulating outrageous interest on the remaining balance.

Don't get carried away, though, because you still have a credit limit, and after those 18 months are up, you have to start paying interest on any remaining balance.

If you don't pay off your purchase balance in full by the last month of the special financing period, you'll be charged interest on the remaining balance going back to the date of purchase.

Pros: You won't be charged any retroactive interest on any remaining balance after the no - interest period ends.

If you pay less than the full amount, you'll be charged interest on the remaining balance based on your Annual Percentage Rate and the terms of your card.

Make sure you fully clear the card (s) by the end of the 28 months or you'll be charged 18.9 % APR interest on any remaining balance.

Remember how I mentioned earlier that if you don't pay off your balance in full by the due date, you'll be charged interest on the remaining balance as of the purchase date?

While normal loans accumulate interest on the remaining balance, pre-compute loans apply an interest rate to the entire loan amount for the entire loan term, and then add the interest amount to you loan amount.

Don't get carried away, though, because you still have a credit limit, and after those 18 months are up, you have to start paying interest on any remaining balance.

If you don't pay off your purchase balance in full by the last month of the special financing period, you'll be charged interest on the remaining balance going back to the date of purchase.

If you fail to do that, you may be charged retroactive interest on any remaining balance, at a rate that could easily be higher than you pay on your regular credit cards.

Please note that if you make just minimum payment, you will be charged interest on the remaining balance.

Standard APR After Promotional Period: If you won't pay off your entire balance before the introductory APR period ends, then you should consider how much your APR may increase since you will end up paying interest on the remaining balance.

Standard APR After Promotional Period: If you won't pay off your entire balance before the introductory APR period ends, then you should consider how much your APR may increase since you will end up paying interest on the remaining balance.

However, if you can't pay the balance off in full before the promotional period expires, you'll either need to transfer the balance to another card with a 0 % promotional rate on balance transfers or be prepared to pay interest on the remaining balance.

Plus, if you can't pay off your full balance before the end of the promotional period, no problem; you'll only be charged interest on the remaining balance, rather than the full purchase price.

If you don't pay your full balance by the due date each month, you'll pay interest on any remaining balance.

If your interest free period is 24 months long, and then at the end you have # 1500 left to clear, you'll be paying something like 20 % interest on that remaining balance.

A word of caution: If you are still carrying a balance after your 12th billing cycle, you'll be required to pay interest on any remaining balance.

However, if they can not pay it off at the end of the month, they pay interest on the remaining balance.

If you have a 15 % interest rate on your credit card, you'll pay about 2 % interest on any remaining balance.

You have to pay the balance on a charge card at the end of every billing cycle, while credit cards require paying just a small fraction of what you owe (generally a minimum of 10 percent of your balance), and charge interest on the remaining balance.

Should you not pay off the balance within that time, you will have to pay interest on the remaining balance.

This means you will be charged interest on your remaining balance and any new purchases after your introductory period has expired.

Even if you make more than the minimum payment each month, you're still responsible for paying interest on the remaining balance, which can add up fast.

Finally, the company pays you interest on your remaining balance.