11-01-2012 12:00 PM
I've done that too, have to make sure I change the date to post now. They take forever it seems. I just had a thread on it about a week ago.
11-01-2012 12:42 PM
11-01-2012 01:02 PM
After going around in circles with GECRB, this is what I've learned.
1. Only make one payment per statement period. They have pointed out that it is in my agreement with them that they can hold subsequent payments up to 21 BUSINESS days. (and they will, even if you "push" it through from your bank)
2. My statement cuts on the 17 (or 18th or 19th) every month. I make darn sure to have that payment made by the tenth. Then, I don't touch it until it cuts. This severely limits my use of their card, but I don't like the games they play.
3. As stated earlier, when making a payment, make sure to double check the date that you are setting it for. It will revert to the payment due date.
4. If they can find a way to trip you up, they will.
11-01-2012 01:05 PM
You would think that as fast as GE are in reporting your new account they would be as quick in posting payments. To be honest, they are also slow in posting charges to the account too. I guess it would bother me if I intended on carrying a balance or had a high util. In my phone call to the CSR, I did ask what happened if for some reason the statement cut and the payment had not 'back' posted ? Her reply was that any late fees and/or interest would be reversed on the next statement. I could see that as a recipe for disaster.
Like I said before - pay at least 4- 5 days before your statement.
11-01-2012 01:21 PM
Paying earlier is your best option. However IME the date i selected for payment on the walmart site is the date that shows on my statement. The payment shows pending for up to 3 days before it hits my checking account. So there appears to be a float for me.
11-02-2012 05:54 AM
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