Problem Solver: Numbers dont add up on acknowledgement card charge Jacksonville, Ill., man supercharged sex eve though he showed zero chemical balance Jon Yates Whats Your Problem? October 20, 2011 Roger Greenwood thought he had heard of every credible bank fee. Then he have his September credit rating card bill. Bank of the States charged the Jacksonville, Ill., man $39.23 in harbour on on a $0 balance. Greenwood was convinced it was a mistake. In August, he charged a vacation rental to his credit card, resulting in a $5,734.13 balance. Weeks later, he received $1,450 in impute from two merchants, take down his balance to $4,284.13. He paid the remainder of what he owed with an electronic transfer Sept. 6, tercet days before it was due, bringing his balance to zero. His statement clear showed that between the credits and his payment, Greenwood paid attain the entire $5,734.13. So why, he wondered, had he been charged delight? Greenwood emailed Bank of the States, and right away received a response. An online vox agree that between the credits and his Sept. 6 payment, Greenwood had paid his balance in full. However, we need to say you that credits are not considered as payments on credit accounts, the representative wrote.
Therefore, the credits (of $1,450) were not considered as payments on this account, and the provoke charges were applied correctly. The representative told Greenwood Bank of America would not sweep away the $39.23 in interest. We regret we are otiose to remove the interest charges at this time, the representative said. The refore, this transaction will remain ingred! ient of your account balance. Greenwood emailed Bank of America once more and received the same reply from a different representative the $1,450 in credits werent considered payments, and thus he was charged interest on that amount. Flummoxed, Greenwood emailed Whats Your Problem? He said he patently couldnt hear why he was charged interest on a $0...If you want to get a full essay, pose it on our website: OrderCustomPaper.com
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