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Senior Contributor
Posts: 3,318
Registered: ‎05-05-2011
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Late payment question

I totally screwed up and got the due date wrong for my Walmart card. I only use the card a couple of times a year and usually pay before the statement posts. Anyway, this time I messed up. I just went online to pay it and discovered that it was due on the 14th. They've already assessed a $25 late fee. I am less concerened about the late fee as I am about my credit report. Currenlty my CR is clean.

 

What I want to know is if it was due on the 14th and I pay it tomorrow, the 20th, does that get reported as a late payment on my CR?

 

Thanks!

 

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Regular Contributor
Posts: 224
Registered: ‎03-12-2013
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Re: Late payment question

I would assume so, haven't had this experience myself though..

anyone have any input?

Starting Score: 635 Current Score: 686 Citi Pull
Goal Score:720s
Tried to use Images but it was all Wibbly, Wobbly, and Timey-Wimey.
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Established Contributor
Posts: 670
Registered: ‎09-12-2011
0

Re: Late payment question

No, it won't be reported to the credit bureaus.  You would have to be 30-days late in order for them to report it.

FICOs: TU08 841 2/9/15 per Barclay; TU98 800 4/8/14; EQ04 769 6/8/14; EQ08 809 3/4/15; EX08 812 3/8/15 per MyFICO

My Wallet: Amex Gold NPSL; Amex Optima Platinum $25K; Amex Costco TE $19.3K; Amex BCE $12K; BofA Visa $10.1K; Cap1 Quicksilver Visa Sig $10K; CSP $28.2K; Chase Freedom $13K; Citi Double Cash $10K; Citi Simplicity Visa $17.3K; Discover IT $24K; Fidelity Amex $25K; PenFed Plat Rewards Visa Sig $20K; Sallie Mae WMC $17.5K; US Bank Cash+ Visa Sig $24.5K; Walmart Discover $10K; Wells Fargo Rewards Visa Sig $14K
Established Contributor
Posts: 670
Registered: ‎09-12-2011
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Re: Late payment question

Forgot to add that you should give them a call and see if they will waive that late fee.  A lot of companies will waive a late fee....once anyway.  Good luck!  :smileyhappy:

FICOs: TU08 841 2/9/15 per Barclay; TU98 800 4/8/14; EQ04 769 6/8/14; EQ08 809 3/4/15; EX08 812 3/8/15 per MyFICO

My Wallet: Amex Gold NPSL; Amex Optima Platinum $25K; Amex Costco TE $19.3K; Amex BCE $12K; BofA Visa $10.1K; Cap1 Quicksilver Visa Sig $10K; CSP $28.2K; Chase Freedom $13K; Citi Double Cash $10K; Citi Simplicity Visa $17.3K; Discover IT $24K; Fidelity Amex $25K; PenFed Plat Rewards Visa Sig $20K; Sallie Mae WMC $17.5K; US Bank Cash+ Visa Sig $24.5K; Walmart Discover $10K; Wells Fargo Rewards Visa Sig $14K
Moderator
Posts: 5,624
Registered: ‎08-12-2013
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Re: Late payment question


bichonmom wrote:

I totally screwed up and got the due date wrong for my Walmart card. I only use the card a couple of times a year and usually pay before the statement posts. Anyway, this time I messed up. I just went online to pay it and discovered that it was due on the 14th. They've already assessed a $25 late fee. I am less concerened about the late fee as I am about my credit report. Currenlty my CR is clean.

 

What I want to know is if it was due on the 14th and I pay it tomorrow, the 20th, does that get reported as a late payment on my CR?

 

Thanks!

 

 


I'd call in, see if they can waive the late as a one-time courtesy

Start: 619 (Wally, 9/2013) | Current: 739 (Wally, 3/2/15), 756 (Merrick, 2/16/15)
AMEX BCE $13500 | Care Credit $10200 | JCP $8000 | Overstock $5200 | Citi DC WMC $5000 | Walmart Store $5000 | Amazon Store $5000 | Cap 1 QS $4750 | AMEX Costco TE $3500 | Macy's AMEX $3500 | Sony Card $3250 | Macy's Special Events $2900 | Macy's Revolving $2500 | CU Visa $2500 | Gold Violin $1750 | VS $1450 | Merrick $1200 | Target $1000 | ~~Gardening Since 3/17/15
Regular Contributor
Posts: 224
Registered: ‎03-12-2013
0

Re: Late payment question

wow, see LOVE this place :smileyhappy:

Starting Score: 635 Current Score: 686 Citi Pull
Goal Score:720s
Tried to use Images but it was all Wibbly, Wobbly, and Timey-Wimey.
Cap One Quicksilver $1,300 Wal-Mart $1,000 Best Buy $1.5K DiscoverIT $2.5K Chase Freedom $3K AMEX BCE $2K
Chase Slate - $1,000 AMEX Everyday - $4,000 Sallie Mae - $2,500
New!! Citi Double Cash - 1K
Senior Contributor
Posts: 3,318
Registered: ‎05-05-2011
0

Re: Late payment question

Thanks for the replies. Yes, I am going to call tomorrow about waiving the fee since I've never been late before. However, I was most concerned about the credit reporting, especially since the reporting date is the 20th or 21st. So, there is no feasible way for me to get the payment posted before the next statement cuts. (WM notoriously takes 5 to 7 days for their payments to be recorded, even when you pay cash in the store.)

 

I am never using my WM card again. I only used it to keep it active in the hopes of getting upgraded to Discover, and now all this! Ugh! :smileysad:

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Regular Contributor
Posts: 224
Registered: ‎03-12-2013
0

Re: Late payment question

when you call see if they can push over the phone quicker?

Starting Score: 635 Current Score: 686 Citi Pull
Goal Score:720s
Tried to use Images but it was all Wibbly, Wobbly, and Timey-Wimey.
Cap One Quicksilver $1,300 Wal-Mart $1,000 Best Buy $1.5K DiscoverIT $2.5K Chase Freedom $3K AMEX BCE $2K
Chase Slate - $1,000 AMEX Everyday - $4,000 Sallie Mae - $2,500
New!! Citi Double Cash - 1K
Valued Contributor
Posts: 1,507
Registered: ‎07-24-2011
0

Re: Late payment question

30 days late means that you are 30 days late from the due date making a payment.  You are not that late, only a few days, so you are fine with reporting.  However, internally it may stifle you from CLI for a little while.  But relax, you're okay!

 

Secondly, and I'm sure you already know this, no matter how much we try to remember it is bound to happen that you forget to pay.  For that reason and that reason only is why I have ALL of my accounts set for autopay of the minimum amount.  I've worked too hard and diligently to mess up at this point since I know that my mind isn't what it used to be....I've got CRS real bad :smileylol:

 

But seriously, don't fret about this because they can't report 30 if you're not thirty, if anything you are 5....Cheer up!


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
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