Thursday, September 6, 2012

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Zhejiang news today China Morning Post reported: Five years ago, credit cards, overdrafts the sum of 191 yuan, about five years later rose to the million. This is not a joke, but a real let Hangzhou citizens Miss Dong to encounter.
extremely wronged her, on the 13th about how this heaven of debt to hit.
this Miss Dong into debt outlet karen millen, credit cards, is admitted to the Hangzhou Economic and Vocational and Technical College in 2006 to start. She said, because there was some incentive grants class funds can not cash, you need to do a bank card to the issuance of funds. The school requires each student in the class have to do this card. The card was told the overdraft was only 200 yuan.
this card Miss Dong never used a few times. After that Karen Millen Multi Coloured Sale, she graduated from the school. Miss Dong Hangzhou locals, find a job in Hangzhou, but also has a number of bank cards, and this college credit card is gradually being forgotten. In March of this year, Miss Dong received a strange phone urged her to pay back the money, the phone call to Mr. Chen is an investment company Karen Millen Lace Dress Sale, claiming to be a bank co-operation North Face Womens Apex Bionic Outlet, is responsible for payment of a debt owed to some long-term debt not rogue clients .
Miss Dong go to the bank to verify the results in her name to find out a card number, and pulled out a slip of a long detailed list of arrears 10854.43 yuan. The bill shows that the final sum of consumption in May 2007, when the overdraft 191.11 yuan.
the overdraft 191.11, after nearly five years, is how to become 10854.43 yuan? In the afternoon of the 13th, the issuing bank's credit card department manager Mr. Chen told reporters, although this thing sounds somewhat bizarre, but they are also in accordance with evidence-based. Increased accumulation of arrears is mainly divided into two parts, part of the money owed for each operating cycle (one month) will accrue interest, such interest to the next cycle will become the principal; In addition, credit card each have a minimum repayment amount shall cycle for some time, the main card repayment amount did not meet the minimum repayment amount will be in accordance with the ratio of the formation of late fees Kenly UGG Boots, within these will be classified to the principal amount of the overdraft.
As for Miss Dong mentioned that the matter did not receive a reminder notice, Mr. Chen explained that the Small overdraft of a few hundred dollars, they generally are based on the letter reminded. Three times in a row to send letters, the other does not respond to us as Dunning unsuccessful. Miss Dong address change, but there is no feedback to us, so in this link there is a problem. Mr. Chen said, and Miss Dong communication, strive for a mutually satisfactory result.

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