Every month, you will be required to pay at least a small portion of
the total outstanding balance on the credit card — this is referred to as a minimum payment.
Not exact matches
Councilman Vincent Gentile's disclosure forms showed he has
outstanding balances on his
credit cards, loans and legal fees
totaling as much as $ 444,000.
Rate of interest is the amount that will be added as interest
on credit cards for the
total outstanding balance due.
So, for example, if the
total credit limit
on your
credit cards is $ 10,000 and you have an
outstanding balance of $ 7,000, your
credit utilization ratio is 70 percent.
You can get out of
credit card debt quickly if you can take out a zero or a relatively low - interest
credit card with a
credit limit of about the sum
total of the
outstanding balances on your multiple
credit cards.
To calculate your
credit utilization
on one particular
card, divide your
outstanding balance by your
total credit limit.
Important aspects to keep in mind when considering insurance include estimated
total of final expenses (e.g. medical bills, burial costs etc.),
total living expenses for all surviving family members, any
outstanding loans (e.g. auto,
credit cards), the unpaid
balance on one's mortgage, expected costs for your children's education, the estate taxes, and any business maintenance costs.