Submitted by cvheuvel t3_10q60f8 in personalfinance
cvheuvel OP t1_j6o8kcu wrote
Reply to comment by WithinN0rmalLimits in Should I pay late or pay what I can? by cvheuvel
Will I be paying interest that whole month for the remaining (running balance? not sure what to call it), even after I pay the remainder of the full statement balance a bit late?
WithinN0rmalLimits t1_j6ona6h wrote
It might vary based on the terms of your credit card but it could be a daily compounding rate in which case you pay interest every day that your balance is outstanding
cvheuvel OP t1_j6oyflc wrote
It’s a “regular” Capital One card… I wonder where I can find the terms.
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