Annihilated posted...
I'm confused, does everyone think that you accrue interest just by having a statement balance?
They shouldn't. At times, I'll make a certain purchase that'll put my utilization at around 10% when my statement closes (the 14th of every month). My statement summary will show the transaction, which will be paid off whenever it posts. Therefore, Chase sees that I'm using the card, but I never pay them I dime in interest.
When it is obvious that the goals cannot be reached, don't adjust the goals, adjust the action steps.
-
Confucius