I have Bank Of America Credit card.?
I pay like a $100 everytime my bill comes. I dont wait to pay to my bills. But every time I pay I see a finance charge do you know what is that? Isn’t a finance charge is for those who don’t pay their bill on time?
A finance charge is for those that do not pay their bill in full each time you get a bill. Late charge is if they do not receive payment on time. Those are separate charges.