@justme62 wrote:
"Thank you for your inquiry.
The interest shown on your statement is generally called residual, or trailing interest. This is the interest charged against the account balance from the last cycle's statement date until the date you paid in full. If you paid on your due date, the interest was assessed against the balance that existed on your account for about 25 days.
If there is any way we can be of further assistance, please feel free to contact us."
The interest should be all unless you have made further charges, but I would call them and ask what the "payoff amount" would be and how long that's good for. Once you have it, pay that amount by that date and you should stop being charged interest.
