This would stimulate private and corporate demand through lower finance charges.
Their credit card debt came to $22,228, including $380 in monthly finance charges.
If you can manage an extra and hefty $500 a month, the finance charge is cut to $147,463.56.
This is the interest rate used to figure the finance charge on your balance each billing period.
This is the number of days you have to pay your bill before finance charges start.
Total revenues, including finance charges, increased 7.1 percent, to $3.16 billion.
But it is not a credit card, so there are no finance charges.
If the bill is settled by the due date, there are no finance charges.
The move will exempt the company from state limits on finance charges for consumer credit.
It is a finance charge expressed as an annual rate.