Finance Charge

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Learn Mining News  Nov 5  Comment 
If you’ve paid attention to your credit card statement, you’ve noticed a finance charge on balances that you didn’t pay in full. The finance charge is an interest fee that’s added to your purchases and fees. Your finance charge will be...




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Finance Charge is the fee charged by a lender when an outstanding balance isn't cleared within the grace period. It depends on the card's APR(s), outstanding balance and finance charge calculation method.

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