Reply
Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,222
Registered: ‎10-02-2012

30 day late

You missed your payment (okay) second statement arrives with recent minimum payment and lasts statement payment. (makes sense) if you dont pay this statement its going to be considered a 30 day late payment which will affect your credit big time. Okay well lets say that this bill is due on the 18th of july if you pay it the 19th its already 30 days late but it you pay it on the 18th the due date will it report as a 30 day late?? In other words is that risky?? Hope it makes sense.


$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 5 months, Utilization 70%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Valued Contributor
FinStar
Posts: 5,156
Registered: ‎10-21-2012

Re: 30 day late

Any missed payment or oversight needs to be rectified right away.  Why would anyone risk "coasting" until the very last minute just to test the system - let's say something happens that prevents from bringing the account current on that date.  With the first occurrence, you already incur a late penalty charge and probably adverse action from the lender (such as a % rate hike).  The sedond occurrence will not only result in more fees, etc., but will definitely report a negative mark to the CRAs.  Since it's not the lenders fault, why risk those chances?

Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,222
Registered: ‎10-02-2012

Re: 30 day late

Right with you on that, last month (June) lots of unexpected events came up that envolved traveling which didnt allow us to even make the minimum payment on a card. Its getting close to due date which is the 30 day mark. Planning to pay it by the 16th which is the closest date it can be made.


$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 5 months, Utilization 70%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: 30 day late

set up auto payment for all your CC


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,222
Registered: ‎10-02-2012

Re: 30 day late

Speaking on behalf of my mother. I dont own cards yet.


$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 5 months, Utilization 70%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,222
Registered: ‎10-02-2012

Re: 30 day late

[ Edited ]

But still yes automatic payments is one of the best routes to go if you have difficulty remembering about the due dates.


$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 5 months, Utilization 70%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Frequent Contributor
Dubious
Posts: 271
Registered: ‎02-10-2013

Re: 30 day late

[ Edited ]

Not quite sure I'm understanding the original post, but it definitely has to be 30 days late for it be marked 30 days late. I.e., due date is July 19th and you don't pay. If still no payment 30 days later by Aug 19/20 whatever it is, THEN you get the derogatory mark. 

 

ETA: Nevermind. I reread and now I see that there's two payments together. 

Frequent Contributor
Dubious
Posts: 271
Registered: ‎02-10-2013

Re: 30 day late

Was the first payment due June 19th? If she's pays the min due of that RIGHT NOW, she might avoid a 30 day late. 

 

And then pay the rest that is due by July 19th (don't want to start falling behind). 

Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,222
Registered: ‎10-02-2012

Re: 30 day late

[ Edited ]

Thanks Dubious


$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 5 months, Utilization 70%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Valued Contributor
SnackTrader
Posts: 1,563
Registered: ‎09-15-2012

Re: 30 day late

WHY IS YOUR FAMILY TRAVELING!?!?

I can't even.

In My Wallet: Amex BCP (12/12) $22.200, Chase CSP (4/14) $12,000, Barclaycard Arrival (5/13) $10,500, Citi Forward (12/12) $9,600, Cap1 Cash Rewards (6/12) $9,000, Chase Freedom (12/12) $5,000

Last App: April 2, 2014

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+