Comments on: Waiving the Finance Charge https://www.onefrugalgirl.com/waiving-the-finance-charge/ Earn, Save, and Live Joyfully. Thu, 18 Jul 2019 03:57:24 +0000 hourly 1 https://wordpress.org/?v=6.8.3 By: One Frugal Girl https://www.onefrugalgirl.com/waiving-the-finance-charge/comment-page-1/#comment-878 Mon, 31 Mar 2008 02:18:00 +0000 http://www.onefrugalgirl.com/?p=363#comment-878 Thanks for adding a link to the detailed explanation!

]]> By: pidgeon92 https://www.onefrugalgirl.com/waiving-the-finance-charge/comment-page-1/#comment-877 Sun, 30 Mar 2008 04:49:00 +0000 http://www.onefrugalgirl.com/?p=363#comment-877 As soon as you are late paying, “two cycle billing” kicks in. This effectively wipes out the grace period for your new purchases. This is why you got dinged for finance charges again.

There’s a good explanation here:

http://allfinancialmatters.com/2006/12/12/how-two-cycle-billing-works/

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