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Q: Leandre's previous credit card balance is 1299.32 What would her finance charge be if the monthly rate is 1.4 percent?
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Monique's previous credit card balance is 199.26 and she has a monthly finance charge of 1.5 How much will the credit card company assess in finance charges on this balance?

$2.99


How do you calculate finance charge?

multi the unpaid balance by the monthly interest rate


What is the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2?

$39.59


What is the finance charge if the balance is 740.77 and the monthly rate is 1.3?

1.3 percent of 740.77 is 9.63


What is the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2 percent?

39.59


Calculate the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2 percent?

$39.59


Protects you when applying to receive credit?

Calculate the finance charge on a credit card balance of 3,299.19 at a monthly rate of 1.2%.


What protects you when applying to receive credit?

Calculate the finance charge on a credit card balance of 3,299.19 at a monthly rate of 1.2%.


You had a credit card with Household Bank that went into collection you've been paying the collection company every month for 2 years but your balance keeps going up what can you do?

What is the Annual Percentage rate set at? Are you making more than the minimum monthly payment? Is the collection agency charging any monthly fees? If you are making a $10.00 a month payment and the finance charges are $8.00, only two dollars is being applied to wards the balance, each month. Check to see how much of your monthly payment is going to the finance charges and then increase your monthly payment to cover the minimum monthly payment and finance charges.


Instead of paying monthly I want to pay in full. What is the earned and unpaid part of the finance charge that I must pay?

Contact lender and find out what payoff balance is


Julio has a revolving credit account at an annual percentage rate of 18 percent His previous monthly balance is 362.11 Find the new balance if Julio's account showed the following activity?

$639.90


What three factors determine the amount you pay in finance charges?

Finance charges are billed on any revoling balance. What determines what you pay is the balance at the closing of you monthly statment!!! The key is to pay more than the minimum. On average to avoid interest on credit cards do not carry a revolving balance to avoid interest. Tip: only charge what you can afford to pay!!!!