I get a refund during the grace period on a credit card statement, can I reduce the payment accordingly?

Posts Tagged ‘grace period’

I get a refund during the grace period on a credit card statement, can I reduce the payment accordingly?

By Author on Friday, June 3rd, 2011 | 1 Comment

I had a credit card statement of 1000. Within 4 days I get a refund of 200 during the grace period of 15 days. The payment date then follows 11 days later and the credit card company still try to take 1000 – so making my credit card a positive balance – which is not [...]

How do you reestablish a credit card grace period?

By Author on Monday, May 23rd, 2011 | 3 Comments

I always pay my credit cards in full every month, but I was wondering how carrying a balance works. Say you charge 0 on the card and pay only 0 when payment is due. You charge NOTHING on the credit card the next month, and after the statement closes, you’re imposed a finance charge. To [...]

I recently just got a discover student credit card.I know the grace period is 25 days.But the billing cycle?

By Author on Tuesday, September 14th, 2010 | 4 Comments

Does the typical billing cycle for Discover start around the end of each month or around the 15th like some card companies do? Any input would be greatly appreciated.Thanks. I just got the card on Monday haven’t used it yet though. Related Credit Card Sites A Bunch Of Terms Commonly Missunderstood By Consumers When It [...]

Navy Federal Credit Union FRCA Violation?

By Author on Tuesday, September 7th, 2010 | 1 Comment

This contact letter is in regards to my consumer loan accounts -01 and -02. I just recently checked my credit report because I am in the market to purchase my first home in Lexington Park, Maryland, and I noticed some disturbing information. It seems that your company reported my on numerous occations for being 30 [...]

Navy Federal Credit Union Violation of FRCA?

By Author on Monday, September 6th, 2010 | 3 Comments

Credit Cards For Fair Credit

Posts Tagged ‘grace period’