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If creditors don't give you credit for payments made during the billing period what method is this called? 1. APR Method 2. Previous Balance Method 3. Adjusted Balance Method
If creditors give you no credit for payments made during the billing period, this is called the previous balance method.
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Asked 9/25/2013 4:29:22 PM
Updated 10/17/2016 10:56:23 AM
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Edited by yumdrea [10/17/2016 10:56:23 AM]
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If creditors give you no credit for payments made during the billing period, this is called the previous balance method.

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Added 10/16/2016 10:03:43 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [10/17/2016 10:56:25 AM]
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