What is My Credit Card Grace Period? | DFI30 Explainer |

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What is My Credit Card Grace Period? | DFI30 Explainer | What is my credit cards grace period? And how does it work exactly? Diane Cuhna, a Certified Credit Counsellor, with Hoyes, Michalos, & Associates, explains interest free periods and how to use them to your advantage.



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In the united states credit cards are not required to give a grace period but if they do which 99% of all cards do the grace period has to be at least 21 days

jx
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So my statement balance is due Jan 8th this year and if I don’t pay the entire thing but most of it on that day will I have a few days till I get paid next (I get paid every 2 weeks) to pay it off? I’m worried I’ll have to pay interest I’m unsure how this works. I can cover most of it but I’m worried I won’t have enough paychecks to cover all of it please help me I am scared what will happen my credit score is pretty good but idk what will happen if I don’t pay every single cent of it on Jan 8th.

diamondartlover