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Money and Finances
Reply to "Stupid Question: how does credit card work"
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[quote=Anonymous]They are lending you the money. They bill you at the end of the month, and then you usually have another month to pay it. So you get a bill June 2 for all charges you made in May, and you have to pay them by July 2 (or whatever). PAY THIS IN FULL. Don't pay the stupid minimum, and you won't get charged any interest. (Paying the minimum will get you in a lot of trouble very fast) I have mine scheduled to be paid about two weeks before the due date, that way if there are any problems, I can fix them before I'm late on the payment. HTH. [/quote]
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