Understanding Credit Card Interest

With the average interest rate for credit cards currently at 15%, it’s important to understand how interest rate is calculated and how to avoid over-paying in interest charges. For example, did you know you can regain your grace period if you previously lost it? See what else you can learn by following this gameboard infographic for a better understanding of your APR, average daily balance, and your periodic interest rate.

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Creative Commons License Understanding Credit Card Interest by CompareCards is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License

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