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Mayelita
Mayelita asked in Business & FinanceCredit · 1 decade ago

When do you pay you credit card interest rate?

If you chaged 300.00 and pay it off in one month..where does the interest get charged? (I am new with this whole credit card deal)

2 Answers

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  • shubham_nath
    1 decade ago
    Favorite Answer

    if you pay within the stipulated period of due date then you are charged no interest...or else you are charged a certain interest every month

  • uknowme
    Lv 6
    1 decade ago

    you only get charged interest if you don't pay in full by the due date.

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