Interest: What Credit Card Companies are Hiding

How credit card interest works – explained simply and practically. How does credit card interest work? How is credit card interest calculated? How can you avoid paying interest on credit card purchases? Today, I answer all of those questions and more regarding credit cards and the interest fees that come along with them.

0:00 – Intro
0:48 – How Credit Card Interest Works
3:18 – How Credit Card Interest is Calculated
6:28 – How to Avoid Paying Interest on Credit Cards
8:16 – Question of the Day

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The Habit That Changed My Life: https://youtu.be/oL3eVoReKCQ

My Debt Free Story: https://youtu.be/F-y-NYitK7c

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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.