07-29-2006, 06:20 AM
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 Re: Money 2007 - Debt Reduction Planner I guess it's so that if Money's calculation of monthly interest and the CC company's are off by a few cents, you don't get penalised for making an under payment. Has always been thus AFAIK. -- Regards Bob Peel, Microsoft MVP - Money For UK tips & fixes see http://support.microsoft.com/default...d=fh;EN-GB;mny. I do not respond to any emails that I have not specifically asked for. "Matty" <Matty[at]discussions.microsoft.com> wrote in message news:F64F22F9-10CD-4980-9990-593B0D5C906B[at]microsoft.com... - quote - > I have setup credit card accounts and line of credit accounts. The minimum > payments are not rounded to the nearest dollar. When you move these > accounts > into the Debt Reduction Planner they round the minimum payment up to the > nearest dollar. At the end of the DRP it sets up your payments > automatically. If it uses the minimum payment, it says that there is > unassigned money. > I know it behaved like this in 2005 also, so I assume 2006. Why does it > round up? |
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07-29-2006, 12:11 AM
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| Money 2007 - Debt Reduction Planner I have setup credit card accounts and line of credit accounts. The minimum payments are not rounded to the nearest dollar. When you move these accounts into the Debt Reduction Planner they round the minimum payment up to the nearest dollar. At the end of the DRP it sets up your payments automatically. If it uses the minimum payment, it says that there is unassigned money. I know it behaved like this in 2005 also, so I assume 2006. Why does it round up? |
| Tags |
| 2007, debt, money, planner, reduction |
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