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How Credit Cards Work
If I have a credit card and let's say it's the month of June and I have a maximum balance of $500 and let's say from june 1st to june 15th I use up all $500, and I send the credit card company a check and they get it, does my balance go back up to $500 again (because I've paid the amount due) and even though it's still June, I have another $500 to use?
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Yeah. You just need to pay back what you spent. So, if you spend $500, you need to pay back the $500 to the company. Once they receive your check & they let you know, you'll have the $500 again on your credit card. You just need to wait until they let you know they've received the check before you get one.
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