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Balance?

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jrvhoose

Junior Member
What is the name of your state (only U.S. law)? KY

If your sent a statement that says balance on the acct and you pay that balance, then they call and say that there is more owed, do you have to pay that?
 


ShyCat

Senior Member
Possibly. Some credit cards (Discover, for example) use "double-cycle billing" where interest is calculated on both the current and previous billing cycles, so that some interest is accrued even after the previous balance was paid in full.
 

jrvhoose

Junior Member
Here's the thing, they sent a statement stating a balance. Now that they are calling it isn't interest they are expecting us to pay it's more on the bill. In which the statement did not state that this would just be a payment. It stated that, that was the balance. They are expecting us to pay another $600 on which they never told us was due until now.
 

ShyCat

Senior Member
A statement usually only shows what is due at that time; one cannot expect the statement to show future amounts. You're being a bit too cryptic for anyone to fully answer. Are you possibly talking about a medical bill where the new balance due is the result of insurance paying part of the total charges, leaving an additional amount the responsibility of the patient?

Honestly, without more details, it is impossible for anyone here to provide any answer but "Maybe". Who is "they", and what are they billing you for? What do "they" say the $600 is for?
 
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