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Credit Card payment "Holiday"
Burman5000
Posts: 2 Newbie
in Credit cards
I have recently taken a 3 month payment holiday with 2 credit card companies and am i right that monthly interest charges will still go on the card and be deducted from my credit limit ??
Thanks
Thanks
0
Comments
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Is there a way to officially take a payment holiday on loans and CCs?0
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Yes. Speak to your lender.
interest continues to accrue and is added to your balance.
The credit limit remains the same.1
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