Category Interest & Finance Charges

A sudden credit card APR increase can be alarming, especially if you didn’t miss a payment or change how you use the card. In many cases, APR increases are triggered by contract rules, risk changes, or market adjustments, not errors.…

If you’ve carried a balance and started seeing interest on new purchases, you may have lost your credit card grace period. Many people assume paying the balance once will restore it immediately—but that’s usually not how it works. Understanding how…

Trailing interest is one of the most confusing credit card charges. Many people pay their balance in full, expect a zero statement, and then see interest added anyway. This is not a mistake—it’s a timing rule built into how credit…

Seeing credit card interest charges after paying your balance in full can feel like a clear mistake. Many people assume paying the statement balance eliminates interest entirely, but credit card interest rules are more nuanced. In most cases, these charges…