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Saturday, October 31, 2009

How do i figure interest rate on a credit card?

Your bill should show what the interest rate is for that Particular card. It should also show the daily rate. It should also show number of days in billing cycle. Multiply your beginning balance by the daily rate and then by the number of days in cycle. This may not be right on the button but will be close. Also there should be a toll free number you can call to answer your questions.

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