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re: Credit Card Acts that go in to effect Feb. 22....
Posted on 2/5/10 at 1:13 am to lsufb81
Posted on 2/5/10 at 1:13 am to lsufb81
I guess, for example, if you used a credit card to withdraw cash, that cash withdrawal will have a higher interest rate than purchases on the card.
So if you pay $200 off your card, that $200 will go towards the cash first before it goes towards purchases, even if purchases were made before the cash withdrawal.
So if you pay $200 off your card, that $200 will go towards the cash first before it goes towards purchases, even if purchases were made before the cash withdrawal.
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