Straighterline New Proctor Policy Change

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Here's some info on the 28 day billing cycle from ehow.

Length of a Billing Cycles
Not every billing cycle is the same. A billing cycle can run 30 days for your VISA credit card or between 25 to 35 days for your electricity utilities billing cycle in Texas. Consider the effect of a credit card billing cycle of 28 days versus a 30-day cycle. With the 28-day cycle, you will have 13 billing cycles during the year instead of 12 on a normal monthly billing cycle. The extra payment per year often goes unnoticed by most consumers.

Impact of Shorter Cycles
Billing cycles are never arbitrarily determined. Most companies calculate the optimum billing cycle for their customers to produce the best return for their business. A shorter billing cycle can be advantageous for a number of reasons. They can collect more money, quicker.

So, this is what Straighterline is doing, making more money from their loyal customers. Shameful!



Read more: How Long Is a Billing Cycle? | eHow.com How Long Is a Billing Cycle? | eHow.com