How Credit Card Interest Works (Credit Cards Part 2/3)

I'll explain how credit card interest works and how it's charged!
Need a new credit card? Visit creditcards.com and be responsible 😎: http://bit.ly/CashBack_HF
(click "show more" to see ad disclosure)

If you're looking into debt consolidation to pay off your credit cards, check out LightStream Loans. They've got great rates and they don't charge any fees or prepayment penalties.
http://bit.ly/LS_DebtConsolidation
(I may be compensated by LightStream through this link.)

Credit card interest is not well understood by most of us, but it's something we should all understand clearly. I'll explain how credit card APR interest works with their average daily balance (adb) method that most credit cards use.

---------------

Robinhood Free Stock (Up to $200) with Sign Up:
► https://bit.ly/hf_robinhood

Webull Up to 12 Free Fracional Shares (Each $3-$3,000):
► https://bit.ly/hf_webull

M1 Finance (perfect for IRA's):
► https://bit.ly/hf_M1_Finance

Instagram:
► https://www.instagram.com/honestfinance/

Advertiser Disclosure: Honest Finance participates in affiliate sales networks and may receive compensation by clicking through the links (at no cost to you). This compensation may impact how and where links appear in this description. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This channel does not include all financial companies or all available financial offers.

---------------

Honest Finance covers a broad range of financial topics that'll give your life and finances more value. Subscribe today for future content and be sure to give this video a like!

Disclaimer: I am not a financial advisor. These videos are for education/entertainment purposes only. Investing of any kind involves risk, so please conduct your own research.

#honestfinance #creditcards

Тэги:

#honest_finance #financial_advice #credit_card_interest #how_credit_card_interest_works #how_credit_cards_charge_interest #basics_of_credit_cards #credit_card_apr_interest_explained #how_credit_cards_work #how_interest_works_on_a_credit_card #credit_card_interest_rates #credit_cards_for_be #credit_card_interest_explained #average_daily_balance_method #daily_interest_calculation #interest_on_credit_cards_explained #credit_card_basics

Скачать видео