Name: Cele . Gender: Female . Usage: Cele, of latin origin, is not a popular first name. It is more often used as a girl (female) name. People having the name Cele appear to be originating from all over the world. Variants: For another variant of the name Cele across the world, see Cecilia.
Most credit card companies base the finance charge on the outstanding or average daily balance. That means the finance charge will be different depending on the length of the billing cycle and when during that billing cycle the payment is received. This calculator assumes the payment is made halfway through the monthly billing cycle.
Unless a CC has a zero or low introductory APR, interest paid on a credit card balance is quite high compared to say, a mortgage or federal student loans. CC APRs average at about 20 %, which is relatively high for any loan. Good APRs average from about 8-12%, though it is possible for someone with excellent credit to get even lower rates. As tools of comparison, a mortgage averages around 3-5% and student loans 4-6%.