Had an offer to create a plan with no monthly fees and 0% interest.
Plan amount: $705
Current balance: $865
Minimum payment already in for the month, so that's why "interest saving balance" is $0.00 ?
Statement close: 2/03
I shouldn't make any more payments before 2/3 because that will cancel out the plan, correct?
I shouldn't see any interest attached to that $160 then, right?
There are no changes/ differences to how the balance reports while on a plan right?
@Blender wrote:Had an offer to create a plan with no monthly fees and 0% interest.
Plan amount: $705
Current balance: $865
Minimum payment already in for the month, so that's why "interest saving balance" is $0.00 ?
Statement close: 2/03
I shouldn't make any more payments before 2/3 because that will cancel out the plan, correct?
I shouldn't see any interest attached to that $160 then, right?
There are no changes/ differences to how the balance reports while on a plan right?
Personally I have no idea what you are referring to.
@SouthJamaica wrote:
@Blender wrote:Had an offer to create a plan with no monthly fees and 0% interest.
Plan amount: $705
Current balance: $865
Minimum payment already in for the month, so that's why "interest saving balance" is $0.00 ?
Statement close: 2/03
I shouldn't make any more payments before 2/3 because that will cancel out the plan, correct?
I shouldn't see any interest attached to that $160 then, right?
There are no changes/ differences to how the balance reports while on a plan right?
Personally I have no idea what you are referring to.
Lol its basically their version of POT
Thanks for clarifying.
Since I never heard of it before, I'm clearly not someone who can answer your questions 