[quote]<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Family flyer:
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Originally posted by Mary2e:
While this strategy ensures the monthly minimum is paid, it does not address the outstanding balance.
For example, if you have a balance on the 25th and your full payment is due the 20th, you will still have to pay a five-day finance charge on the balance.
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I've never been charged a finance fee. The minimum payment was made. I believe the rules state that if you don't make the minimum by the payment due date your account isn't subject to finance charges.
Mary
[This message has been edited by Mary2e (edited 10-08-2002).]