First, never sign without knowing. Now that you have, you may dispute it through your credit card company. I would suggest you contact the person who charged your credit card and work it out with them first. If they will not, then let them know you will be talking to your credit card company. Talk to a credit dispute representative and file a dispute.
Interest is charged only on the amount you actually borrow
The outstanding balance is very simply the amount of debt that you have charged on the credit card. You owe that amount to the credit card company.
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People who misuse credit cards are charged for misusing credit cards.
Yes.
annual percentage rate
If you're buying online and paying by credit card, your credit company will convert to euros for you. the amount charged to you on your statement should show as Canadian dollar.
APR = Annual Percentage Rate. It's the amount of interest charged over a 12-month period.
if your credit card is Canadian and you go to the USA your purchases will be charged in US funds, if your credit card is American and you come to Canada you purchases will be in Canadian funds.
Revolving : Like at a gas station or a department store, this is a line of credit that allows an authorized amount to be charged in a month, or billing cycle. Minimum payments are expected each billing cycle and unpaid debt ac cures. There's a rate and fees that are charged depending on how much debt is ac cures.Installment : Like the home or car loan, this has rates & fees charged up front - its for a concrete amount to be paid back within a term, or length of time.
Charged out means you cant charge any more on your card, & the furer implications it will have is it will slowly make your credit bad credit till you pay your credit card off where their is no more out standing balanc.
Annual percentage rate: The amount of interest paid on unpaid balances;Grace period: Number of days to run a balance before fees or interest are charged;Secured card: A credit card with money in a savings account to act as collateral;Credit report: A listing of a person's financial information and history.