Credit Card Question & Answer
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Credit Card Applications » Questions » User Questions » Other » Does the repayment of the amount involve any interest?

Does the repayment of the amount involve any interest?

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Each bank gives a certain annual percentage rate for the credit card issued, however when a consumer uses it, the consumer has about 25 to 30 days to be able to pay the amount without an interest being charged on it, payments beyond this period is charged with an interest.

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