Common use of Payment Applications Clause in Contracts

Payment Applications. Your Minimum Payment will be applied in any order at our discretion. Payments in excess of the Minimum Payment will be applied in accordance with applicable law. We may accept checks marked “Paid in Full” or with words of similar effect without losing any of our rights to collect the full balance of your account.

Appears in 3 contracts

Sources: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement