Common use of Payment Allocation Clause in Contracts

Payment Allocation. Your payment will be applied in the following order to any of these costs you owe: (1) collection costs, (2) fees and other card charges, (3) late charges, periodic interest charges and insurance premiums in manner and order Credit Union elects, (4) unpaid principal balance of accrued Purchases and Cash Advances.

Appears in 7 contracts

Samples: Visa Cardholder Agreement, Visa Gold Cardholder Agreement, Visa Cardholder Agreement

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Payment Allocation. Your payment will be applied in the following order to any of these costs you owe: (1) collection costs, (2) fees and other card Card charges, (3) late charges, charges and periodic interest charges and insurance premiums in the manner and order the Credit Union elects, and (4) unpaid principal balance of accrued Purchases and Cash Advances.

Appears in 7 contracts

Samples: Visa Cardholder Agreement, Mcu Visa Platinum Cardholder Agreement, Visa Cardholder Agreement

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