Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Learn how the previous balance method calculates credit card interest, its implications for cardholders, and why it might not be the best choice for you.

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June 4, 2024 Add as a preferred source on Google Add as a preferred source on Google If you carry a balance on your credit card from month to month, you're probably paying interest charges. First ...