No. of Recommendations: 0
I sent my payment to my CC company 7 days before the due date (as I usu
do) and this time I was told that the payment was late
and thus I was charged both late payment fee and a fat
financial charge. They agree that it is not my fault
but still want waive the charges. Is this a common
practice of CC companies or just this particular company?


Hi Jay,

Unfortunately, this is the usual way it works. This is why it's so important to get the payment in on time, as even one day will be considered late. I think it's more unusual if a company waives the late fee, actually.

In my opinion, sending in payment 7 days ahead is cutting it close--too close. You're giving a max of 6 days for them to receive and process it, and I've had mail delivered that took longer than a week. It happens.

I'd make sure to get payments sent out with a larger lead time, or you might want to consider online banking.

Tony
...but I still am...

Off2Aruba
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