08-17-2010 06:26 PM
Hello... my credit card is due today so I made a payment today. I did it at 3pm. After I made the payment I realized it said I made the payment at 6pm not 3pm. They posted it eastern time so now the payment won't post until tomorrow. I know I should have paid it earlier but wasn't able to until today.
Am I late ???
08-17-2010 06:42 PM
depends on the bank. some count payments all the way up to 11:59PM of the day it's due, some banks cut it off at 5 or 6, I would call your bank and check with them. what bank?
08-17-2010 06:44 PM
Depending on your bank's rules, you may or may not be late. The worst thing that can happen is they assess a late payment fee, which they may be willing to waive if you call them after you become aware of it. From a credit reporting standpoint, you are fine. Not late until 30 days.
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