Crazy Chick's Thoughts
Chapter 189
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Billing Terminology:
*How does the billing cycle work?
---> The due date is always 30 days from the billing period end date.
Example:
Find authorized novels in Webnovel,faster updates, better experience,Please click www.webnovel.com for visiting.
Suzzy Shoppers Billing Period end date is March 07, 2013. Any transaction made from March 08 to April 07 will be listed on her April Billing Statement.
Sample Spiels:
"The reason why you haven't see your item in your billing statement, because the closing date is March 07; And you made the transaction is in March 08; rest assured it would be reflected in your next billing statement."
**Credit Limit - is the maximum amount a credit card company
**Debit - a charge on your items such as purchases, late fees and interest charge.
**Credit - a deduction from an amount otherwise on due.
--->Samples: returns, late fee credit, interest credit.
**Balance - previous balance - (payment - credit + debit = balance)
Credit Granting Handles Concerns:
1. Credit limit increase/decrease
2. Declined transactions
3. Questions related to credit score, credit report, and credit history
4. Checking the status of the customer application
5. Approval codes request
For FRAUD Prevention:
(-) fraud
(-) scams
(-) theft
(-) danger
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-END-
@@
\
\\
...
Billing Terminology:
*How does the billing cycle work?
---> The due date is always 30 days from the billing period end date.
Example:
Find authorized novels in Webnovel,faster updates, better experience,Please click www.webnovel.com for visiting.
Suzzy Shoppers Billing Period end date is March 07, 2013. Any transaction made from March 08 to April 07 will be listed on her April Billing Statement.
Sample Spiels:
"The reason why you haven't see your item in your billing statement, because the closing date is March 07; And you made the transaction is in March 08; rest assured it would be reflected in your next billing statement."
**Credit Limit - is the maximum amount a credit card company
**Debit - a charge on your items such as purchases, late fees and interest charge.
**Credit - a deduction from an amount otherwise on due.
--->Samples: returns, late fee credit, interest credit.
**Balance - previous balance - (payment - credit + debit = balance)
Credit Granting Handles Concerns:
1. Credit limit increase/decrease
2. Declined transactions
3. Questions related to credit score, credit report, and credit history
4. Checking the status of the customer application
5. Approval codes request
For FRAUD Prevention:
(-) fraud
(-) scams
(-) theft
(-) danger
\
\\
...
-END-
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