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Category: Uncategorized

What is a Negative Hierarchy of Payments on a Credit Card?

Posted February 3, 2010 at 1:38 pm by finchc

The order that a credit card company uses your payments to pay off what you owe may vary. Some of the ways that you may use your card may be different and may come with different interest rates. You can learn more about how the way that a credit card company deals with this can cost you more at this Suite101 article:

The Negative Payment Hierarchy & Credit Cards

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