My Bank of America credit card gives me 7 days to mail the payment back to them before it is considered late. Shouldn't that be illegal. All other bills give you more time to mail a payment.
2006-12-02 01:25:34 · 4 answers · asked by jackie 6 in Politics & Government ➔ Law & Ethics
Not ilegal, but not nice.
If you can't pay online, get a new card with a different company. Or telephone them and ask them to rearrange your payment terms. I did that once with Citibank's AT&T Card. If they could do it -- and they're the most incompetent of them all -- then anyone can.
In fact, after paying $X millions to buy the card and all its customers from AT&T, a few years later Citi abandoned the whole program, and kicked out most of the cardholders.
2006-12-02 02:18:33 · answer #1 · answered by Anonymous · 2⤊ 0⤋
They are give you an addition 7 days after the due date. Your credit application is a contract and you agreed to the terms. You can't complain about it now.
Sign up for online payments...it is so much easier anyway.
2006-12-02 10:12:44 · answer #2 · answered by Carl 7 · 0⤊ 0⤋
READ THE CONTRACT BEFORE YOU SIGN UP FOR A CREDIT CARD IT IS ALL STATED CLEARLY IN THE FINE PRINT.
2006-12-02 09:35:25 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Don't borrow
2006-12-02 10:30:05 · answer #4 · answered by wombat2u2004 4 · 0⤊ 0⤋