How is a finance charge calculated?

How is a finance charge calculated?
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Answer :

multiply the unpaid balance by the monthly interest-rate
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Related questions

Will I continually get a periodic rate finance charge?

Description : Will I continually get a periodic rate finance charge?

Last Answer : It’s like a yearly fee maybe? If so you can threaten to close the card unless they release you from that obligation.

Finance Charge on a ZERO balance card.

Description : Finance Charge on a ZERO balance card.

Last Answer : I'd have to revisit the fine print (which I don't have the time or inclination to do at this time) but I believe Finance charges are based on an average daily balance over some period of time. In ... as March when you did have a balance. You'll have to check the fine print for your particular cc.