12-25-2013 06:37 PM
Imagine my shock when I realized I did not pay my Capital One Mastercard for the month of Dec.
This was truly a mental mix up because I pride myself on paying everything on time every month.
How can I lessen the ding to my credit score?
They didn't charge me a late fee. I"m about 2 weeks late.
Is there ANYTHING I can do? I currently have high balances due to life's ups and downs and am working on that.
12-25-2013 06:41 PM
when was the due date? Has to be 30 days past that do be reported to The CRA's.
12-25-2013 06:42 PM
Lexie's fingers are obv faster than mine.
12-25-2013 07:13 PM
As others have said, if you pay and get credited before 30 days are up, you will not be reported as late. But I am confused by your statement that they didn't charge a late fee. Did they charge one and you got it reversed (which is often easy with Cap One)? But I wouldn't expect to see a late fee until next statement.
12-25-2013 07:30 PM
If you haven't already done so, pay (at least) the minimum ASAP.
As others have said, it shouldn't report any derogs since you were only 2 weeks late. If the do report derogs, or Cap One takes AA you can always try a GW letter. Such a letter, though, would carry more weight if you first setup auto pay. Then your GW could basically tell them that you've learned your lesson, live and the holidays are busy, and that you've taken steps to prevent this in the future by setting up automatic payments on all your monthly responsibilities.
12-26-2013 01:10 AM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.