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Old 09-08-2007, 10:22 AM
Silver Swan Silver Swan is offline
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Join Date: Sep 2006
Posts: 170
15 yr Member
Silver Swan Silver Swan is offline
Member
 
Join Date: Sep 2006
Posts: 170
15 yr Member
Default Credit cards and interest

Dear Curious:

One does not pay interest on credit card bills if the month's bill is paid every month. It is only when you don't pay every month that interest is charged. At least this is my understanding and how my bank's credit card works.

Also, I never heard of debit cards causing "holds". I plan to use mine only in Aldi's grocery stores, which don't accept either credit cards or checks.

Shirley H.
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