Hi all,
I stumbled across the forum in search of an answer.

With regards to the APR and paying off a credit card, what would be the difference in paying $250 twice a month vs paying $500 once a month?

I imagine the only difference is that in the end you are paying more in interest by making smaller payments twice, but would it get paid off in roughly the same amount of time?

I guess I'm having a hard time understanding how the APR is calculated.

Can anyone shed some light?

Thanks