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What is visa Finance charge calculation method?

  • Answer:

    Interest rates and the method by which finance charges are calculated vary from one credit card company to another. Fortunately, they must by law disclose the interest rate that they charge as well as the method which they use to calculate the charges that are added to your account. Visa branded cards are issued by different banks. Credit terms vary by bank.

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Interest rates and the method by which finance charges are calculated vary from one credit card company to another. Fortunately, they must by law disclose the interest rate that they charge as well as the method which they use to calculate the charges that are added to your account. Visa branded cards are issued by different banks. Credit terms vary by bank.

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