11-25-2008 02:46 PM
it won't report to your credit late but it will probably get you a late fee and possible rate increase. i know Chase does!
I was a day late on my chase card a few months ago.No late fee was assessed and they said my rate would be 22% if it happened again within the year.
Can't you dispute if they claim 30days and it was less?
11-25-2008 02:52 PM
One time I entered the wrong date when I scheduled a payment with BoA, it was 3 days over - not reported.....a late fee and 3 days of interest.
but no RJ ?
11-25-2008 03:08 PM
Friendly, Supportive & Respectful
"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli
11-25-2008 03:25 PM
i thought cap1 gave a second chance.
i remember reading 'we won't raise the apr on your account because you pay late once...' or something like that on their cc disclosures. they won't raise the apr but they'll report a 1 day as a 30? i hope not.
i know they track it internally even if they don't report it but i would be surpried to find boa reports an isolated instance of a 1 day late as a 30 to rhe cra's.
i was one day late on paying my boa credit card, does boa count that as a 30 day late? i know chase doesn't but capital one does for example.
11-25-2008 06:50 PM
I was late on GEMB Care Credit by TWO HOURS and got a $35 late fee. I'm not going to take it lying down. I'm going to call and grovel....you might do the same.
Usually they give one forgiveness each year.
11-25-2008 07:01 PM
11-26-2008 08:25 AM