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WIll CapOne let me go a few days with missing payment?

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pizzadude
Credit Mentor

Re: WIll CapOne let me go a few days with missing payment?


@Ortz33__ wrote:

thanks everyone.  i will let you know how it goes.  what are the odds that i call and they say, ok, and then wake up 4 days after my missed payment to a repo???



they won't repo you, but as has been stated you will very likely be in default.   It would behoove you to read your contract to see exactly what this will mean.....late fees, changes in how they apply payments, etc...     It's not going to be good to do this.

 

 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 11 of 12
pritchardhallhokie
Frequent Contributor

Re: WIll CapOne let me go a few days with missing payment?

If your due date is Jan 5th, you can pay up to 29 days late without the account showing a "30 day late" on your credit report with capital one.  Your due date is the due date, the 30 days after that are what make up the 30 day late.  Trust me.


Starting Score: 584TU / 580EQ
Current Score: 670 TU / 680EQ
Goal Score: 720 TU / 720 EQ


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Message 12 of 12
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