The Fine Print - Irine Salas by Irine Salas-145004036 https://padlet.com/145004036/kpindrts9m5d Explains introductory APR en-us 2017-04-13 21:10:12 UTC 2025-10-17 15:14:44 UTC hello@padlet.com What is the introductory APR? 145004036 https://padlet.com/145004036/kpindrts9m5d/wish/166329391 An introductory APR is a rate given by credit card issuers to new customers for a specified amount of time. 

]]> 2017-04-13 21:11:32 UTC https://padlet.com/145004036/kpindrts9m5d/wish/166329391 Does the APR increase over time? If so, when and by how much? 145004036 https://padlet.com/145004036/kpindrts9m5d/wish/166329412 Yes, your APR can increase over time. It can be 12.99%, 15.99%, 18.99%, 20.99%, or 22.99%.. This all depends on your creditworthiness. 

]]> 2017-04-13 21:11:49 UTC https://padlet.com/145004036/kpindrts9m5d/wish/166329412 Is there an annual fee? 145004036 https://padlet.com/145004036/kpindrts9m5d/wish/166329431 Some APRs include the annual fee, if there is one. 

]]> 2017-04-13 21:12:05 UTC https://padlet.com/145004036/kpindrts9m5d/wish/166329431 Is there a minimum monthly payment? If so, what is it? 145004036 https://padlet.com/145004036/kpindrts9m5d/wish/166329455 Yes, if you don’t make the minimum payments your 0% APR deal may be canceled.

]]> 2017-04-13 21:12:21 UTC https://padlet.com/145004036/kpindrts9m5d/wish/166329455 What is the credit limit with the particular card? 145004036 https://padlet.com/145004036/kpindrts9m5d/wish/166329472 There is a credit limit. Depending on how much the credit lender sets it to. For example, if a borrower has a credit card with an $1,000 limit, and he spends $600, he has an additional $400 that he can spend. If he makes a $40 payment and incurs a finance charge of $6, his balance goes down to $566, and he now has $434 in available credit.]]> 2017-04-13 21:12:33 UTC https://padlet.com/145004036/kpindrts9m5d/wish/166329472 What extra fees and penalties may be charged? 145004036 https://padlet.com/145004036/kpindrts9m5d/wish/166329489 You will be charged interest if you don’t pay off your balance before your time runs out. You’re 0% APR would change into regular APR.

]]> 2017-04-13 21:12:47 UTC https://padlet.com/145004036/kpindrts9m5d/wish/166329489 What is the grace period? 145004036 https://padlet.com/145004036/kpindrts9m5d/wish/166329527 A "grace period" is the time between the end of a billing cycle and the date your payment is due. With this time you can choose to do payments. 

]]> 2017-04-13 21:13:06 UTC https://padlet.com/145004036/kpindrts9m5d/wish/166329527 What does reading the fine print reveal? 145004036 https://padlet.com/145004036/kpindrts9m5d/wish/166329555 Fine print can include certain information that credit card issuers wouldn’t want you to know about. If can be both negative and positive information. Positive information would be things like rewards and points for traveling. 

]]> 2017-04-13 21:13:21 UTC https://padlet.com/145004036/kpindrts9m5d/wish/166329555