thefed
Thinks s/he gets paid by the post
- Joined
- Oct 29, 2005
- Messages
- 2,203
My mother has a Nat'l city CC. She was 30 bucks or so from the credit line and the interest charged on the last day of the billing cycle (29th) put her over by $3. So, she was charged $39. Crappy, but fair enough...her fault.
The part that makes me cringe is that on the 30th, the first day of the new billing cycle, she was naturally still overdue, not having received her statement. As such, since she was over the limit on her NEW billing cycle, Nat'l City assures here there will be another $39 fee for being over her credit limit during the new month.
Is this legal?
The part that makes me cringe is that on the 30th, the first day of the new billing cycle, she was naturally still overdue, not having received her statement. As such, since she was over the limit on her NEW billing cycle, Nat'l City assures here there will be another $39 fee for being over her credit limit during the new month.
Is this legal?