https://ficoforums.myfico.com/t5/Credit-Cards/Thumbs-up-to-GE-CareCredit-0-Warning/m-p/3129016#M879416 <BLOCKQUOTE><HR /><a href="https://ficoforums.myfico.com/t5/user/viewprofilepage/user-id/71850">@Creditaddict</a> wrote:<BR /><P>Received the statement for CareCredit today and right in the first page of minimum due and balance in RED BOLD it says "URGENT, Promotions expering shortly - see above"</P><P>&nbsp;</P><P>When I go into the statement I actually have 2 months left so that is a pretty good warning to me!!</P><HR /></BLOCKQUOTE><P>I believe it is a policy of lenders to show this warning and also change the payment application method when one is within 2 months of the end of a promo period.</P><P>&nbsp;</P><P>If I understand that language correctly, if a consumer was within 2 months of the end of the 0% promo period, had a balance of say $500 from the promo period, and took a BT of $1000 at say 3% interest, and made a payment of $250, that payment will be applied to the promo period balance and not the transferred balance.</P><P>&nbsp;</P><P>During any other time that $250 would be applied to the balance with higher APR (in this case the BT). Maybe that's why the 2-month warning.</P> Wed, 28 May 2014 07:31:46 GMT Ghoshida 2014-05-28T07:31:46Z https://ficoforums.myfico.com/t5/Credit-Cards/Thumbs-up-to-GE-CareCredit-0-Warning/m-p/3128774#M879364 <P>Received the statement for CareCredit today and right in the first page of minimum due and balance in RED BOLD it says "URGENT, Promotions expering shortly - see above"</P><P>&nbsp;</P><P>When I go into the statement I actually have 2 months left so that is a pretty good warning to me!!</P> Wed, 28 May 2014 03:35:52 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Thumbs-up-to-GE-CareCredit-0-Warning/m-p/3128774#M879364 Creditaddict 2014-05-28T03:35:52Z https://ficoforums.myfico.com/t5/Credit-Cards/Thumbs-up-to-GE-CareCredit-0-Warning/m-p/3129016#M879416 <BLOCKQUOTE><HR /><a href="https://ficoforums.myfico.com/t5/user/viewprofilepage/user-id/71850">@Creditaddict</a> wrote:<BR /><P>Received the statement for CareCredit today and right in the first page of minimum due and balance in RED BOLD it says "URGENT, Promotions expering shortly - see above"</P><P>&nbsp;</P><P>When I go into the statement I actually have 2 months left so that is a pretty good warning to me!!</P><HR /></BLOCKQUOTE><P>I believe it is a policy of lenders to show this warning and also change the payment application method when one is within 2 months of the end of a promo period.</P><P>&nbsp;</P><P>If I understand that language correctly, if a consumer was within 2 months of the end of the 0% promo period, had a balance of say $500 from the promo period, and took a BT of $1000 at say 3% interest, and made a payment of $250, that payment will be applied to the promo period balance and not the transferred balance.</P><P>&nbsp;</P><P>During any other time that $250 would be applied to the balance with higher APR (in this case the BT). Maybe that's why the 2-month warning.</P> Wed, 28 May 2014 07:31:46 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Thumbs-up-to-GE-CareCredit-0-Warning/m-p/3129016#M879416 Ghoshida 2014-05-28T07:31:46Z https://ficoforums.myfico.com/t5/Credit-Cards/Thumbs-up-to-GE-CareCredit-0-Warning/m-p/3129426#M879491 <P>Thats good however probably does not help me because of paperless statements, now you can do a BT and have plenty of time for it to process</P> Wed, 28 May 2014 14:44:38 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Thumbs-up-to-GE-CareCredit-0-Warning/m-p/3129426#M879491 Anonymous 2014-05-28T14:44:38Z