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Problem Solver: Numbers dont add up on ac assurance card charge Jacksonville, Ill., man supercharged stabilise eve though he showed zero chemical sense of balance Jon Yates Whats Your Problem? October 20, 2011 Roger Greenwood thought he had heard of every likely bank fee. Then he have his September credit card bill. Bank of the States charged the Jacksonville, Ill., man $39.23 in uprise on on a $0 balance. Greenwood was convinced it was a mistake. In August, he charged a vacation letting 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, three days before it was due, bringing his balance to zero. His statement clearly 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 ema iled 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 testify 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 pertain charges were applied correctly. The representative told Greenwood Bank of America would not eradicate the $39.23 in interest. We regret we are otiose to remove the interest charges at this time, the representative sa id. Therefore, this transaction will remain ! spot 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 regard 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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