late payments

[Anonymous]

If I had a oayment due on the 19th and I called and told the company that it was going to be paid the following day, is that still considered 30 days past due when I even called them and had them reverse the late fee for me....will that show on my credit report as a 30 day late?   Help someone

[guiness56]

You would have to ask them what their policy is for reporting lates to the CRAs.  Some of them do not report until you are 2 payments late, some report at 30. 

If your account has a grace period they should not report it late at all.

[llecs]

No, you shouldn't be dinged for the late. Late fees, probably.

There's some debate in here as to what leads to a 30 day, but at the very least, most CCs have a 25 day grace period in that you have 25 days to pay from the statement date. Being one day late and paying 26 days later won't lead to a late.

Since cleaning up my act, I was late one time. Target had a cut-off time of 4:00pm. I totally forgot and paid at 4:10pm, 10 minutes late. The next day they hit me with a late fee, which I was late; they had previously spelled out the terms. But I never got hit with the late and they refunded the late fee without asking within a couple of days.

[RobertEG]

You are not late, for FICO purposes, until 30 days after the billing due date.

You may incur late fees for paying after the billing due date, but wont incur a hit on your CR unless not paid within 30-days of the due date.