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Hedwig · 01-12-2008, 05:33 PM

They used to. A lot of them got in trouble.

I believe that they have passed a law saying that they must tell you when payments are applied.

I know that most of my statement say "payments received in our office by xxxx will be posted the same day.."

I've seen it as early as 9 AM. Now, their mail probably isn't delivered until after 9, so basically that one is posted the day after receipt.

That was part of the agreement--they must disclose when payments are applied.

That's why I always tell people who pay online to read the terms and conditions of electronic payments. Some are credited as long as 3 days after you submit the payment.

01-12-2008, 05:33 PM	#2 (permalink)
Hedwig Administrator Join Date: Nov 2004 Location: Greater DC area Posts: 7,283 Casino Cash: $1206339	They used to. A lot of them got in trouble. I believe that they have passed a law saying that they must tell you when payments are applied. I know that most of my statement say "payments received in our office by xxxx will be posted the same day.." I've seen it as early as 9 AM. Now, their mail probably isn't delivered until after 9, so basically that one is posted the day after receipt. That was part of the agreement--they must disclose when payments are applied. That's why I always tell people who pay online to read the terms and conditions of electronic payments. Some are credited as long as 3 days after you submit the payment. __________________ The answer is 42!!