Please Mail Your Payment To definition

Please Mail Your Payment To will be credited as of the date of receipt to the account specified on the payment coupon. Holder must follow the payment instructions on the billing statement. Payments may be made by check, money order, or electronic payment drawn on and honored by a bank in the U.S. You authorize us to collect any payment either electronically or by draft. All payments by Holder will be applied first to payment of Interest Charges in the order of their entry to the account, second to additional fees and credit insurance charges, if any, in the order of their entry to the account, third previously billed cash advances, purchases and other similar charges in the order of their entry to the account, and then to current cash advances, purchases and other similar charges in the order of their entry to the account.