Paying With Plastic Hauppauge NY

Most credit card issuers offer a 25 day grace period in which to pay for new purchases without incurring finance charges if you pay your balance in full each month. Some issuers have shortened the grace period or eliminated it altogether even if you always pay your account in full.

Local Companies

Capital One
631-751-1700
64 Main St.
Stony Brook, NY
TD Bank
(631) 289-1026
251 E Main Street
Patchogue, NY
Citizens Bank - Lake Ronkonkoma SS
631-467-6500
425 Portion Rd.
Lake Ronkonkoma, NY
Donald Conrad
1377 Motor Parkway
Islandia, NY
Matthew Berman
1393 Veterans Memorial Highway
Hauppauge, NY
Capital One
516-483-2541
369 Merrick Ave
East Meadow, NY
Capital One
516-367-7055
8285 Jericho Tpke
Woodbury, NY
Wells Fargo - Downtown Huntington
631-425-3014
288 Main St
Huntington, NY
Bank of America - Levittown
800.432.1000
3161 Hempstead Turnpike
Levittown, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Data Provided by:
  

Provided by:

Pitfalls to Avoid When Shopping for Credit Cards

Individually, these may add up to only a few dollars each month, but collectively, they can add up to a substantial expense, especially over time or if you have numerous credit cards.

Most credit card issuers offer a 25 day grace period in which to pay for new purchases without incurring finance charges if you pay your balance in full each month. Some issuers have shortened the grace period or eliminated it altogether even if you always pay your account in full. You may be paying interest on most or all of your purchases.

Pay Monthly Credit Card Balance in Full

When you carry a balance from month to month, there is no grace period on new purchases with most cards. The grace period where no finance charges accrue only applies if you pay your balance in full each month.

Some card issuers charge two months of interest for the first month you fail to pay your balance in full. This occurs when you switch from paying in full to carrying a balance from month to month.

Most card issuers charge interest from the day a charge is posted to your account if you don't pay your account in full each month. Some, however, charge interest from the date of the purchase, often several days before they have paid the merchant on your behalf!

You may be paying $50 a year or more as an annual fee on your credit card. You may also be subject to finance charges of over 18 percent. Most credit card issuers will lower fees and/or interest rates for good customers in order to retain their business. It doesn't cost anything to ask!.


Click here to read the rest of the article at YoungMoney.com.

Related Articles
- Pay Day Loan Hauppauge NY
Are you having difficulties paying a bill on time? Perhaps your electric bill is going to be due in four days and you won' t get your pay cheque until two days after that! Well, there are a number of things you can do.
- Paying off Your Debt Hauppauge NY
- How to Get Out of Debt Hauppauge NY
- Credit Repair Self Help Hauppauge NY
- Refinancing Home Mortgage Hauppauge NY
- Paying for College During a Recession Hauppauge NY