06-13-2009 02:37 PM
Does anyone know the answer to this question:
If you carry a balance from the month before (ie don't PIF by the due date), and then PIF mid-cycle - are you still charged interest on purchases made following that PIF?
That is, are you only granted a grace period in months after a PIF is made before the due date?
06-13-2009 02:47 PM - edited 06-13-2009 02:48 PM
06-13-2009 07:33 PM
who is the card form, if it's Chase you grace period will reset mid cycle last year I did a BT for 4 months they day my payment postd I call and asking if it was ok to use my card.
If I use card a again I would pay for the number of days in the cylce before payoff , my grace period started the day of the payoff, turns my retroactive interest was only$1 and they credited right back to my account
Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.