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Credit Card n00b


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guys,

can someone please explain this..

 

I just got my bank statement....i had a purchase on 12 month emi ...now i had paid more than 50% of that outstanding amount and will clear the rest of the amount this month itself.

 

But this month's bank statement still just deducts that emi amount from my cc payment instead of that 50% ....

 

So if i buy something on emi....i have to stick with it till the period is over and pay the interest for entire period ...can i not just pay full amount and just pay that 1 or 2 month of interest with principal amount??

 

Edit: got it ...what i need to do.

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