Timeline for Calculating pay off for credit card with multiple APRs
Current License: CC BY-SA 3.0
10 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Apr 14, 2015 at 14:43 | vote | accept | RHPT | ||
| Apr 14, 2015 at 14:39 | comment | added | RHPT | Whoops. Balances with higher APRs. | |
| Apr 14, 2015 at 2:52 | comment | added | Dilip Sarwate | @RHPT Highest balance, or highest interest-rate balance? If even the required minimum payment amount is applied to the highest-rate balance first, then your (US-based) credit card is most unusual (perhaps from a credit union?) and its name needs to be publicized and glorified. | |
| Apr 14, 2015 at 2:47 | history | tweeted | twitter.com/#!/StackFinance/status/587809451853422592 | ||
| Apr 13, 2015 at 23:46 | comment | added | RHPT | I checked, and the card applies the payment to the highest balance first. | |
| Apr 13, 2015 at 19:01 | answer | added | Dilip Sarwate | timeline score: 8 | |
| Apr 13, 2015 at 15:22 | vote | accept | RHPT | ||
| Apr 14, 2015 at 14:43 | |||||
| Apr 13, 2015 at 14:22 | answer | added | Joe | timeline score: 4 | |
| Apr 13, 2015 at 14:15 | comment | added | Joe | How will your card apply payments? Does it allow you to specifically pay off the higher APR, or does it apply the payments proportionally, or to the lowest APR first? | |
| Apr 13, 2015 at 14:05 | history | asked | RHPT | CC BY-SA 3.0 |