Common use of How We Apply Your Payments Clause in Contracts

How We Apply Your Payments. 7.1. We will apply your Minimum Payment as follows: 7.2. If there are items making up your Balance that are charged at different interest rates, we will apply any amount of your payment that is greater than the Minimum Payment to each interest rate category in the proportion that the amount in each category represents of the remaining Balance.

Appears in 5 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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