It's just $ 1, so the interest is not a big deal — but because she used up her grace period without paying off her entire debt, her new purchases during the second month also start to get hit
with interest charges immediately, starting the day of the transaction.
Not exact matches
If you take advantage of this balance transfer, you will
immediately be
charged interest on all purchases made
with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
In general, any account that has been placed
with collections should be included in consolidation; this keeps the debt from further damaging your credit report, saves you a bundle in outrageous
interest charges, and gets the creditor off your back almost
immediately.
Some secured cards start
charging interest immediately,
with no grace period.
If you take advantage of this balance transfer, you will
immediately be
charged interest on all purchases made
with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.