Common use of Payment Application and Instructions Clause in Contracts

Payment Application and Instructions. A payment made in accordance with our payment instructions and received by 5 pm PT on a Business Day will be credited to your Account as of the day we receive it. If we receive a payment after 5 pm PT on a Business Day or on a non-Business Day, we will credit it on the next Business Day. If you do not follow our payment instructions, we may not accept your payment, or there may be a delay in crediting your Account. We may process a late payment, partial payment, or a payment marked “payment in full” or with any other restrictive endorsement without losing any of our rights under this Agreement. Any settlement of your Account for less than what is owed requires a written agreement signed by you and us. Your Available Credit may be increased by the amount of your payment within a reasonable time after that payment is received, provided you have not exceeded your Credit Limit. We may delay the change to your Available Credit until we confirm that your payment has cleared. This may happen even if we credit your payment to your Account. We may reject and return any payment that creates or adds to a credit balance on your Account. We may without notice restrict the availability of any credit balance in our sole and absolute discretion, to the extent permitted by law. We may reduce the amount of any credit balance by the amount of any new charges. You may write to the address provided on your Statement or call the number on the back of your Card to request a refund of any available credit balance. We may allow you, from time to time, to skip one or more monthly payments, and we will notify you when this option is available. If you elect to skip a payment, finance charges will continue to accrue, and the requirement to make a Minimum Payment each month will resume following the skip payment period. (1) to your annual fee (if any); (2) to any fees incurred or then due, except for late fees; (3) to finance charges and interest due; (4) to the portion of your balance that exceeds your Credit Limit; (5) to the outstanding balance on the Card that is currently due; (6) to late fees and; (7) to the remaining outstanding balance.

Payment Application and Instructions. When making a payment, you must follow the instructions in this Card Agreement and any additional instructions shown on your Statement. A payment made in accordance with our payment instructions and received by 5 pm PT on a Business Day will be credited to your Account as of the day we receive it. If we receive a payment after 5 pm PT on a Business Day or on a non-non- Business Day, we will credit it on the next Business Day. If you do not follow our payment instructions, we may not accept your payment, or there may be a delay in crediting your Account, which may result in additional fees and interest. We may process a late payment, partial payment, or a payment marked “payment in full” or with any other restrictive endorsement without losing any of our rights under this Card Agreement. Any settlement of your Account for less than what is owed requires a written agreement signed by you and us. Your Available Credit may be increased by the amount of your payment within a reasonable time after that payment is received, provided you have not exceeded your Credit Limit. We may delay the change to your Available Credit until we confirm that your payment has cleared. This may happen even if we credit your payment to your Account. We may reject and return any payment that creates or adds to a credit balance on your AccountAccount or payments marked “Paid in Full” or similar notation. If you make such a payment, we may reject it and return it to you. We may also accept it and process it without losing any of your rights. Our crediting any such payment to your Account does not mean that we have agreed to any special notations or instructions on or with the payment. We may without notice restrict the availability of any credit balance in our sole and absolute discretion, to the extent permitted by law. We may reduce the amount of any credit balance by the amount of any new charges. You may write to the address provided on your Statement or call the number on the back of your Card to request a refund of any available credit balance. We may allow you, from time to time, to skip one or more monthly payments, and we will notify you when this option is available. If you elect to skip a payment, finance charges will continue to accrue, and the requirement to make a Minimum Payment each month will resume following the skip payment period. (1) to your annual fee (if any); (2) to any fees incurred or then due, except for late fees; (3) to finance charges and interest due; (4) to the portion of your balance that exceeds your Credit Limit; (5) to the outstanding balance on the Card that is currently due; (6) to late fees and; (7) to the remaining outstanding balance. We apply payments in excess of the Minimum Payment first to balances with the highest APR and then to lower rate balances in descending order of APR.

Payment Application and Instructions. A payment made in accordance with our payment instructions and received by 5 pm PT on When you make a Business Day will be credited to your Account as of the day we receive it. If we receive a payment after 5 pm PT on a Business Day or on a non-Business Daypayment, generally, we will credit it first apply your payment to the balance on your monthly statement with the next Business Dayhighest APR. Any payment above your Minimum Payment would generally then be applied to the balance on your monthly statement with the highest APR first. If you do not follow our pay your New Balance, as shown on your Statement, in full each month, you may not be able to avoid interest charges on new purchases. We apply payments to balances as they appear on your monthly statement before being applied to new transactions. An example of a new transaction is a recent purchase you made that has not yet been included in the New Balance as shown on your Statement. All payments must be made in U.S. dollars drawn on funds on deposit in the United States. We will reject payments that are not drawn in U.S. dollars and those drawn on a financial institution located outside of the United States. Payments on your Account should be through the Zolve app or through your externally connected account via ACH as a one-time payment instructions, or by setting up automatic payments. You agree not to mail us cash or a check. You agree that we may not accept your any such payment, late payments, partial payments, and payments marked “paid in full”, “without recourse”, or there may be a delay otherwise restrictively endorsed without waiving our right to payment in crediting full of your Accountentire Account balance. We may process a late payment, partial payment, make services available that allow you to make faster or a recurring payments online or by telephone. We will describe the terms for using these services before you use them. You do not have to use these other payment marked “payment in full” or with any other restrictive endorsement without losing any of our rights under this Agreement. Any settlement of your Account for less than what is owed requires a written agreement signed by you and us. Your Available Credit may be increased by the amount of your payment within a reasonable time after that payment is received, provided you have not exceeded your Credit Limitservices. We may delay the change to your Available Credit availability of credit until we confirm that your payment has cleared. This may happen even if we credit your payment to your Account. We may resubmit and collect returned payments electronically. If necessary, we may adjust your Account to correct errors, process returned and reversed payments, and handle similar issues. We may reject and return any payment that creates or adds to a credit balance on your Account. We may without notice restrict the availability of any credit balance in our sole and absolute discretion, to the extent permitted by law. We may reduce the amount of any credit balance by the amount of any new charges. You may write email to the address provided on your Statement xxxxx@xxxxx.xxx or call the number on the back of your Card to request a refund of any available credit balance. We may allow you, from time to time, to skip one or more monthly payments, and we will notify you when this option is available. If you elect to skip a payment, finance charges will continue to accrue, and the requirement to make a Minimum Payment each month will resume following the skip payment period. (1) to your annual fee (if any); (2) to any fees incurred or then due, except for late fees; (3) to finance charges and interest due; (4) to the portion of your balance that exceeds your Credit Limit; (5) to the outstanding balance on the Card that is currently due; (6) to late fees and; (7) to the remaining outstanding balance.