I agree!!! I got an unsecured card from Merrick Bank in December 2014 and I’ve been paying more than the minimum payment and on time! Three times including this past Friday, I’ve paid either the balance in full or paid a lump sum amount of the balance and they’ve held my funds for 5 days! Each time I call and ask for an explanation, they state “it’s because I pay amounts so randomly” is why they hold the funds. It’s BS!! What’s the purpose of managing your money and your credit if you’re penalized from paying it OFF! Thanks for listening :0)
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