What is Purchase Interest and Cash Interest on Credit Cards?
-
What is Purchase Interest and Cash Interest on Credit Cards? I'm still confused why I do get charged on Purchase and Cash Interest on my credit Card? I'm paying b4 the due ...show more
-
Answer:
When you buy an item using credit cards from a store and you make the payment in time no interest will be collected from you. If you have delayed the payment on due date, they charge interest on the liability ehich is known as interest on purchase. If you draw cash using credit card, from that day onwards interest will be charged, this is cash interest.
6ACIAH4KRPRKWWMDWZDIRYHZY4 at Yahoo! Answers Visit the source
Related Q & A:
- How do I get credit for credit cards?Best solution by Yahoo! Answers
- Is it possible to use balance transfers to avoid interest with major credit cards?Best solution by Personal Finance and Money
- Do cabs take credit cards or debit cards?Best solution by Yahoo! Answers
- Why do we use credit cards?Best solution by eHow old
- What are some good credit cards to get with bad credit besides pre paid?Best solution by credit.com
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.