"The minimum, yes," the rep replied with the practiced patience of a saint. "But the finance charge is the interest on your remaining balance. It's calculated based on your and your average daily balance."
That changed when he saw it. Nestled between a $14 artisan toast and a subscription to a gym he hadn't visited since the Obama administration was the . It was small—only $12.40—but to Leo, it looked like a personal insult in 10-point font. finance charge
AI responses may include mistakes. For legal advice, consult a professional. Learn more "The minimum, yes," the rep replied with the
Leo did the math. If he kept paying only the minimum, his $2,000 "emergency" flat-screen TV would eventually cost him $5,000 and the better part of a decade. The finance charge wasn't just a fee; it was a snowball rolling down a very steep hill. Nestled between a $14 artisan toast and a