Originally Posted by
ACEssXfer
Read The compass docs. Specifically the sequence protection flow chart. I have run this through CC more than once. Mutual = pay protected. Non-mutual = pay goes away and credit stays blocking the footprint. It is a 15 code vs a NS code. NS is non-disciplinary in the case of RO decline.
The contract is a living document. You unfortunately cannot just read the raw language and take it as absolute. Hopefully this will be improved with the new TA.
So current contract states it must be mutually agreed upon, yet that isn't actually the case. So it's feasible that the new contract would be similar, yes?
Even if it isn't declinable, there are more restrictions in place. Overall a huge win to not be on the hook for several days.