How does paying off the balance monthly help a credit card user avoid finance charges?

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beckycabrera2 beckycabrera2

03-05-2020
Mathematics

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How does paying off the balance monthly help a credit card user avoid finance charges?

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Amayameikle Amayameikle · Answer 1 · 2020-05-03T23:06:22+02:00

Amayameikle Amayameikle

03-05-2020

Credit cards allows us to make purchases today and pay for them later. If it takes us longer than a month to pay off our balance then we will have to pay an extra fee in the form of a finance charge.

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