Have you opened your credit card bill and found a line item categorized as a finance charge? Many people are shocked to see this entry.
testking 642-661 A finance charge occurs on a credit card when you don't pay the previous bill in full, take out a cash advance, or have a balance transfer that's not at 0% APR. How is a finance charge calculated? Keep in mind also, most credit cards have a minimum finance charge.
If a balance is carried and its calculated finance charge is 20 cents, you may be charged anywhere from 50 cents to $2.00 or more.
Sneaky huh?! testking 70-453
Reply to: Msg 28
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Posted by Testking 117-101
on 8/10/09 2:42 AM
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