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Trailing interest, sometimes called final or residual interest, is a method of calculation whereby interest is charged right up until the day full payment is received.



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Additional Reading

Rewards Cards: Are They Worth It?
If you are like any consumer with good credit -- or even with poor credit -- your mailbox is probably chock full of solitications from credit card companies. These companies are all vying for your bus...

Credit Cards Marketing
If gold medals were awarded for marketing consistency, the credit card industry would be the Sarah Hughes of the business world. Major players Visa and MasterCard, who have maintained their steady rat...

Preventing Credit Card Mess
How to manage your credit cards so that you will never fall into credit card mess? There are four pillars in preventing the accumulation of credit card debts.



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