Finance charges on outstanding amount

[gaganame]

What are rules for finance charges on credit card outstanding amount.

>is it applicable for unpaid outstanding amount or
>is it applicable for total outstanding amount

Kindly provide applicable rule

 

[ShavirB]

What are rules for finance charges on credit card outstanding amount.

>is it applicable for unpaid outstanding amount or
>is it applicable for total outstanding amount

Kindly provide applicable rule

It is applicable on the total outstanding amount for the next month

 

[Prince Srivastav]

LNT Finance company cheating there clients by charging, even we are not breaching the rule of transaction. for there mistakes I am paying charges even after the payment of EMI on Time. Need help on it

 

[zacobite]

What are rules for finance charges on credit card outstanding amount.

>is it applicable for unpaid outstanding amount or
>is it applicable for total outstanding amount

Kindly provide applicable rule

it is applied per transaction on a daily basis from the original date of transaction..Talking about the interest calculation