What is the difference between how the finance charges are calculated with a... - Money in the Bank | Money Maker

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What is the difference between how the finance charges are calculated with a...

Personal Finance and Forex Share tips of the trade or ask questions regarding the best way to manage your personal accounts and savings. Where should you have your funds allocated in terms of liquidity, dollar leverage (against inflation) and retirement planning.

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08-12-2008, 12:48 PM

Marie

Junior Member

Join Date: Aug 2008

Posts: 1

What is the difference between how the finance charges are calculated with a...

...line of credit vs. credit card? I consolidated my credit card debt to a line of credit charging 14.99. I received a balance transfer promotion of 7.99% for the life of the transfer from a credit card.

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