No. of Recommendations: 0
Now if you were at fault for not updating your billing address after a move, I would suggest trying to negotiate with them for removal of the note in exchange for paying the entire amount owed. Ironically the CSR may not have that option unless you're talking to their collections department; but you need to give it a try since this little ding can have a big impact on a new mortgage's interest rate.

I disagree with this comment. There is NO way I would pay late fees on top of an annual fee for a card I hadn't used in over 2 years, whether or not the credit card company had/has my current address - That amounts to usury, on their part, and I simply refuse to play such a game to a credit card company's advantage.
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement