12 Miss. Code. R. 6-10.112.01
Current through December 10, 2024
Balances on credit cards shall be paid at the receipt of the monthly statement, once the statement has been reconciled for accuracy. Balances on credit cards shall not be carried over to the next month except on disputed claims and only for the disputed amount. Any amounts due on credit cards shall incur interest charges as set forth in Section 31-7-305, Mississippi Code of 1972, Annotated, which only allows for an interest rate of 1 -% per month to be applied to any unpaid balance not paid within 45 days.
12 Miss. Code. R. 6-10.112.01