Common use of Overlimit fee Clause in Contracts

Overlimit fee. There will be an over limit charge of $39.00 if you are over your established credit limit by 1% or more at the time of your statement cycle. The current month’s finance charge will be excluded for purposes of determining if you have exceeded your established credit limit.

Overlimit fee. There will be an over limit charge of $39.00 if you are over your established credit limit by 1% or more at the time of your statement cycle. The current month’s finance charge will be excluded for purposes of determining if you have exceeded haveexceeded your established credit limit.