1. Would you like to join the IL team? See open jobs!
    Dismiss Notice
  2. Liked anything that you read here? You may nominate it as the Finest Posts!
    Dismiss Notice
  3. What can you teach someone online? Tell us here!
    Dismiss Notice
  4. If someone taught you via skype, what would you want to learn? Tell us here!
    Dismiss Notice

Credit card interest amount I would pay ?

Discussion in 'General Discussions' started by rosegirl, Jun 24, 2010.

  1. rosegirl

    rosegirl Bronze IL'ite

    Messages:
    592
    Likes Received:
    21
    Trophy Points:
    48
    Gender:
    Female
    Hi
    I am going to buy a property in India and I need to take some loans using my credit card so I want to know how much interest I would normally pay every month for credit card loan.

    Suppose I take 5000$ and transfer it from credit card account to my checking account, how much I will pay approximately every month?

    This is my first credit card loan and I am nervous about the pay back time, credit history, interest rate etc.Can somebody throw some light.
    thanks.
     
    Loading...

  2. nmtkar123

    nmtkar123 Senior IL'ite

    Messages:
    101
    Likes Received:
    2
    Trophy Points:
    18
    Gender:
    Female
    hi rosegirl
    i think u mean a cash advance! u didnt mention the interest rate on ur c card. usually a cash advance rate is much higher than a purchase rate. i personally wouldnt suggest taking it as u wud end up paying much more dependind on how long u will take to pay it off
     

Share This Page