Comments on: Hooray for New Credit Card Rules – In 2010! http://www.smartbalancetransfers.com/blog/2008/12/new-credit-card-rules-in-2010/ The Balance Transfer Credit Card Resource Tue, 07 Sep 2010 15:14:52 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Balance Transfers Helper http://www.smartbalancetransfers.com/blog/2008/12/new-credit-card-rules-in-2010/comment-page-1/#comment-8167 Balance Transfers Helper Tue, 07 Sep 2010 15:11:32 +0000 http://www.smartbalancetransfers.com/blog/?p=86#comment-8167 You should contact your credit card company and ask to speak with the hardship department. They may be able to work out a plan that you can live with. You should contact your credit card company and ask to speak with the hardship department. They may be able to work out a plan that you can live with.

]]> By: Tamara Abrishamian http://www.smartbalancetransfers.com/blog/2008/12/new-credit-card-rules-in-2010/comment-page-1/#comment-8158 Tamara Abrishamian Sat, 04 Sep 2010 21:36:46 +0000 http://www.smartbalancetransfers.com/blog/?p=86#comment-8158 Hello: I want to know if there is such a program to help for those, like myself, who are unemployed and without any income, but must pay. Pay with what!! I am having a problem with my credit card company now!! Thank You Tamara Abrishamian Hello:

I want to know if there is such a program to help for those, like myself, who are unemployed and without any income, but must pay. Pay with what!! I am having a problem with my credit card company now!!

Thank You

Tamara Abrishamian

]]> By: Balance Transfers Helper http://www.smartbalancetransfers.com/blog/2008/12/new-credit-card-rules-in-2010/comment-page-1/#comment-7884 Balance Transfers Helper Fri, 23 Jul 2010 16:35:12 +0000 http://www.smartbalancetransfers.com/blog/?p=86#comment-7884 Carl, Chase is allocating your payment correctly. Banks can take all the money due as a minimum and put that to your lowest interest balance. This works in their favor. However, anything you pay above goes to the highest interest balance, which is your cash advance portion. Getting this reduced is much better than getting the purchase rate balance reduced, so it looks like they are following the law. Carl,

Chase is allocating your payment correctly. Banks can take all the money due as a minimum and put that to your lowest interest balance. This works in their favor. However, anything you pay above goes to the highest interest balance, which is your cash advance portion. Getting this reduced is much better than getting the purchase rate balance reduced, so it looks like they are following the law.

]]> By: Carl Munson http://www.smartbalancetransfers.com/blog/2008/12/new-credit-card-rules-in-2010/comment-page-1/#comment-7883 Carl Munson Fri, 23 Jul 2010 16:19:43 +0000 http://www.smartbalancetransfers.com/blog/?p=86#comment-7883 I have a Credit Card with Chase. The minimum payment due each month is under $50.00 I have been paying $100.00 monthly. I have been told that the first $50 is applied toward the Promotion balance (9.99%) currently $538, after interest of $4.42 is deducted. Then the balance of $50 is applied to the Cash Advance balance (23.24%) of $805. Nothing is applied to the Purchase balance (19.24%) of $544 and the balance increases each month in the amount of the Interest Charge of $8.61 I was under the impression that payments were to be apportioned based on the percentage of each balance? Please advise - Thank You I have a Credit Card with Chase. The minimum payment due each month is under $50.00 I have been paying $100.00 monthly. I have been told that the first $50 is applied toward the Promotion balance (9.99%) currently $538, after interest of $4.42 is deducted. Then the balance of $50 is applied to the Cash Advance balance (23.24%) of $805. Nothing is applied to the Purchase balance (19.24%) of $544 and the balance increases each month in the amount of the Interest Charge of $8.61 I was under the impression that payments were to be apportioned based on the percentage of each balance? Please advise – Thank You

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