Quote:
Originally Posted by Jizzeez
Thanks for your advice. I called the number to revolve my balance. It sounded like they will send me some kind of letter. I am hoping that I can understand it well enought to fill it in and get it back to them on time. I don't really understand the idea of revolving balance. Is it a way of deferring payment or dividing payment? It sounded like I will still have to pay a large amount of my balance this month. Perhaps I misunderstood.
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You put individual charges into the revolving balance, and pay off a set chunk of that each month. For example, 10,000 off your revolving plus however much you put into ikkatsu each month. So it is a way of dividing payment into manageable pieces.
I`m going to guess what they are sending you to fill out has to do with their online service as I`ve never heard of paperwork to change a charge to revolving.