Fact
On most credit cards, if you have a $6000 balance and miss paying it in full by just one day, you will instantly be charged about $100 worth of interest. Even if you pay $5999, and miss paying $1.
On most credit cards, if you have a $6000 balance and miss paying it in full by just one day, you will instantly be charged about $100 worth of interest. Even if you pay $5999, and miss paying $1.