two cycle billing

Would You Like To Get Charged For A Bill You Already Paid?

Would You Like To Get Charged For A Bill You Already Paid?

By Ben Popken 5.4.09

Definition: Double-cycle billing or two-cycle billing: When the credit card company calculates finance charges not just for the past cycle (month), but the past two.

Two-Cycle Billing And Why It’s Evil

Two-Cycle Billing And Why It’s Evil

By consumerist.com 12.12.06

AllFinancialMatters lays down the math on why two-cycle billing sucks.