Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Freaking out a little bit about a credit card"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]OP, you're literally stressing over <$20 if what you say is true. 25% (APR) of $1,000 (Current Balance) is $250. $250/12 = $20 (Monthly interest). And that's if you DO NOT pay $700 now. In that case, when your interest is recalculated the following month, it will be 25% of the new principal which is $300. That will put your May statement interest charge at ~$7! Sheesh! Can you stop whining already?[/quote] [b]THIS [/b]- it's not that big a deal financially, especially if you can pay the $700 now. The amount of interest you will pay will be minor. 25% is the APR - [b]annual [/b]percentage rate.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
