And Guess What:

Credit card companies don't want you to pay off your credit card before the grace period ends.

Hey, you would be that way, too, if you owned a credit card company. Why?

They want to charge you interest!

• Credit card companies need interest like you need air. They can't live without it!
• All the companies would go broke if all their customers paid off their bills each month.

That's why credit card companies can be very tricky about their grace periods.

Look how tricky this can be:

Can you find the grace period on the following credit card statement?

Sample Credit Card Statement.