04-13-2010, 11:07 AM
Jeff Wrote:Woman at chase told me that the new credit legislation mandated all credit cards be due on the 10th of the month....but my AMEX is due on the 8th. Could this be because it is a 'charge card'? I mean, it seems like a high interest credit card to me. (28% or some stupid shit)
My Chase United card is due on the 20th, which I set.
Sounds like that card is a high risk lender. They tend to charge ridiculous fees/finance and have very rigid rules about payment. The new legislation mandates that lenders can't change the due date month to month (maybe they picked the 10th for all their cardholders) but it doesn't actually say what day of the month it has to be.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth