I thought that when a credit card payment is made, only the amount over the minimum payment due was applied to the amount with the highest interest rate. This story seemed to say that each payment is applied to the highest interest rate account balance no matter what the minimum amount due is. I need to research that part of the law to determine which is correct.
I thought that when a credit card payment is made, only the amount over the minimum payment due was applied to the amount with the highest interest rate. This story seemed to say that each payment is applied to the highest interest rate account balance no matter what the minimum amount due is. I need to research that part of the law to determine which is correct.
montemendoza 2 years ago
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Here's how you start to fix all these problems
Everyone.
Take that credit card and cut it up.
Call them and cancel the account.
Dont just stop useing it because they are working on a new penalty charge for "NOT USING" your card.
they will crap themselves when 40 million people call them up.. Then they wont have a choice but to fix it. Its as easy as that...
I declare March 1st 2010 the day we all call your card Co and take control.. pass it on.
Davidbzm01 2 years ago