InvestorQ : What happens after an expense has been converted to EMI?
Diya Chitale made post

What happens after an expense has been converted to EMI?

Answer
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3 years ago
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After you have converted an expense to EMI, your credit card bill will show the entry of the equated monthly instalments (EMIs) in your following credit card bills.

This entry will include both principal amount as well as the interest amount spread over the tenure of your EMI.

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