Late on the Freedom

For just about anything you want to get off your chest about credit cards.
12 posts
paparoach429
Centurion Member
Centurion Member
 
Posts: 331
Joined: Tue Sep 11, 2012 12:21 am
Location: chicago

Late on the Freedom

Postby paparoach429 » Sun Sep 15, 2013 1:04 am

Im so p**sed right now. I set a reminder on my phone earlier to make a payment today on my freedom and some how or other it never reminded me. Anyways, being that it was due on the weekend (Saturday) and I barely made the payment now (1a.m) Sunday, am I screwed? This is one of my best cards right now with 0% intro apr. Am I going to lose my 0% apr, get a late fee or something worse?


whit
Centurion Member
Centurion Member
 
Posts: 508
Joined: Tue Aug 13, 2013 10:04 pm
Location: ca

Postby whit » Sun Sep 15, 2013 10:53 am

i would call and ask, cc companies I've dealt with -- Chase, Citicard, not yet Discover *knock on wood* are very generous for the first time you're late, to reverse fees and what not.

i would explain the circumstances; maybe fidge just a bit--instead of you relying to make a payment on your own you had it on billpay or something..well either way it wouldn't matter.

"it was a mistake, first time, can you help me waive the late fee?"


since you're on 0APR you will not get any APR charges, but make sure that doesn't affect your rate.

then sign up for autopay. even if you like making the payments yourself, do the minimum then, at least with that you'd never be late, at most incur interest charges.

or better yet, apply for auto pay in full and never have to worry about it again (just make sure your checking (can be non-Chase) account or savings (which can only be done with Chase bank) always have sufficient funds otherwise you'd incur return item fee, late fee and interest charges.

Malt
Green Member
Green Member
 
Posts: 15
Joined: Sat Jan 12, 2013 2:25 pm
Location: NC

Postby Malt » Sun Sep 15, 2013 11:33 am

I would NOT fidge/lie/white lie/mislead any credit card company, that is absolutely terrible advice. Telling them you had an auto-pay setup when they can clearly see that you manually made the payment is just asking for trouble. Just be completely honest and it should work out for you. Chase is pretty good about this stuff.

whit
Centurion Member
Centurion Member
 
Posts: 508
Joined: Tue Aug 13, 2013 10:04 pm
Location: ca

Postby whit » Sun Sep 15, 2013 11:43 am

ummm

ok

i didn't state that, though i guess if you didn't read clearly you would think so

but anyways, short version is

i made a mistake
first time
courtesy waiver
ask about the APR intro rate
and getting AUTOPAY set up so it won't happen in the future

sorry, I just assumed everyone reads word for word since i do :)

Malt
Green Member
Green Member
 
Posts: 15
Joined: Sat Jan 12, 2013 2:25 pm
Location: NC

Postby Malt » Sun Sep 15, 2013 2:15 pm

whit wrote:i would explain the circumstances; maybe fidge just a bit--instead of you relying to make a payment on your own you had it on billpay or something..well either way it wouldn't matter.

"it was a mistake, first time, can you help me waive the late fee?"


since you're on 0APR you will not get any APR charges, but make sure that doesn't affect your rate.


Actually you did state that... and yes it would matter. I can read just fine, but thanks for your concern. I do agree with your intent, I just think lying is an absolutely terrible idea, whether you think it would make a difference or not.

Tell the truth as to what happened and Chase will take care of you if it is your first time.

whit
Centurion Member
Centurion Member
 
Posts: 508
Joined: Tue Aug 13, 2013 10:04 pm
Location: ca

Postby whit » Sun Sep 15, 2013 2:21 pm

below
cheers

whit
Centurion Member
Centurion Member
 
Posts: 508
Joined: Tue Aug 13, 2013 10:04 pm
Location: ca

Postby whit » Sun Sep 15, 2013 2:22 pm

key word being maybe, i didn't say fidge

i said maybe fidge

then outright just said best to just admit its a mistake

did not change a thing except to bold that part

you read it as something else, sure and you can read between the lines to get something else, but since it was not outright stating so, you again, can interpret it any way you like; it still was not what i advised

cheers

Userofcards
Gold Member
Gold Member
 
Posts: 30
Joined: Tue Apr 16, 2013 1:59 pm
Location: USA

Postby Userofcards » Sun Sep 15, 2013 4:04 pm

Whatever the situation, don't lie: especially because they might be able to see that it is a lie. That won't help.

However, I think asking "what can I do to put this on Autopay so it doesn't happen again" when asking for a courtesy waiver is a great idea. That would probably help reassure Chase that you don't want this to become a habit.

I think a waiver of any fees is very likely for the first time. I think the "how can I set up autopay" makes it even easier for the Rep to want to help you out!

paparoach429
Centurion Member
Centurion Member
 
Posts: 331
Joined: Tue Sep 11, 2012 12:21 am
Location: chicago

Postby paparoach429 » Sun Sep 15, 2013 10:59 pm

As of right now my account is showing up to date with what I payed on it. Im more concerned with it getting reported to the credit bureaus as late.

Gamma
Centurion Member
Centurion Member
 
Posts: 464
Joined: Sat Sep 15, 2012 1:15 am
Location: Los Angeles, CA

Postby Gamma » Mon Sep 16, 2013 12:34 am

paparoach429 wrote:As of right now my account is showing up to date with what I payed on it. Im more concerned with it getting reported to the credit bureaus as late.


That won't happen. It will only report late if you're at least 30 days late. You were only one day late so that won't ding your report



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests