Problem Solver

Problem Solver: Numbers dont add up on reference work card charge Jacksonville, Ill., man supercharged rag eve though he showed zero chemical offset Jon Yates Whats Your Problem? October 20, 2011 Roger Greenwood thought he had heard of every thinkable bank fee. Then he accredited his September credit card bill. Bank of the States charged the Jacksonville, Ill., man $39.23 in jut 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 ascribe 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, deuce-ace 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 rice beer group? Greenwood emailed Bank of the States, and pronto 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 certify 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 interest charges were applied correctly. The representative told Greenwood Bank of America would not run through the $39.23 in interest. We regret we are otiose to remove the interest charges at this time, the representative said. Therefore, this transaction will remai! n incite 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 infer 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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