How Do You Calculate Daily Interest On Credit Card?

Anonymous answered

Number of days since last payment*Principle balance outstanding*interest rate factor=interest per day
If you want to calculate daily payment then you will have one number of days, the principal balance outstanding is the amount on which you are paying interest and the interest rate factor is the interest rate applicable on your credit card.
www.dlssonline.com

Anonymous answered

You must first look at what kind of credit you have...Have you ever declared bankruptcy? Ever been to debt counselling? These are some major factors that will effect a score.

How Do You Calculate Daily Interest On Credit Card?

2 Answers

Answer Question