http://www.moundalexis.com/tm/2006/12/30/chase-eliminates-my-grace-period/ Rants and musings, without care for substance. Thu, 08 Jan 2009 12:07:51 +0000 http://wordpress.org/?v=2.6.5 http://www.moundalexis.com/tm/2006/12/30/chase-eliminates-my-grace-period/#comment-131 anonymous Sun, 07 Jan 2007 20:35:16 +0000 http://www.moundalexis.com/tm/2006/12/30/chase-eliminates-my-grace-period/#comment-131 I received this as well. I have not called yet, but from my searching on google I believe this means that the finance charges begin when the transaction occurs. However, I believe the grace period still exists IF paid in full. You'll only be charged the finance charges if you do not pay by the end of the grace period. If you do not pay, the finance charges will be charged (and they're calculated from the time of purchase). Hopefully that makes sense...google it, you'll find some resources. I received this as well. I have not called yet, but from my searching on google I believe this means that the finance charges begin when the transaction occurs. However, I believe the grace period still exists IF paid in full. You’ll only be charged the finance charges if you do not pay by the end of the grace period. If you do not pay, the finance charges will be charged (and they’re calculated from the time of purchase). Hopefully that makes sense…google it, you’ll find some resources.

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