Comments on: Bank of America Targets Dissatisfied Credit Cardholders http://www.creditcardguide.com/credit-cards/bank-of-america-targets-dissatisfied-credit-cardholders.html The Leading Source of Credit Cards Online Thu, 17 Nov 2011 00:24:50 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Debby Bukky http://www.creditcardguide.com/credit-cards/bank-of-america-targets-dissatisfied-credit-cardholders.html/comment-page-1/#comment-917 Debby Bukky Sun, 20 Sep 2009 19:22:37 +0000 http://www.creditcardguide.com/credit-cards/?p=761#comment-917 What about the practice of: Payments will be applied to balances with lower APRs (including balances with promotional or introductory APRs) before balances with higher APRs. This means that if you have balances or incur charges at higher APRs, you will pay more in finance charges because payments will not be applied to higher APR balances until all lower APR balances are paid in full. Just plain usury! What about the practice of:

Payments will be applied to balances with lower APRs (including balances with promotional or introductory APRs) before balances with higher APRs. This means that if you have balances or incur charges at higher APRs, you will pay more in finance charges because payments will not be applied to higher APR balances until all lower APR balances are paid in full.

Just plain usury!

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