topic Re: CRAP CRAP CRAP!!!!! in Credit Cards

CRAP CRAP CRAP!!!!!

pnkgirl25 — Mon, 10 Nov 2014 15:29:37 GMT

So my very first credit card (Applied Bank) was due yesterday. I always write due dates on my calander but for some reason this one I totally blanked on. Anyways, totally forgot it was due yesterday until I got a reminder TODAY saying it was late. I have been meaning to close this account anyway since I hacve been lucy to have cleaned up my credit and now has 4 new EXCELLENT cards.

My questions is, does anone know if Applied Bank is going to ding me with a late fee since I was 12 hours late I know lates of your credit report toally screw you and I have worked so hard to get this all cleared up.

Anything I can do?

Re: CRAP CRAP CRAP!!!!!

1GaDawg85 — Mon, 10 Nov 2014 15:30:59 GMT

I would call them up and ask about a grace peroid

Re: CRAP CRAP CRAP!!!!!

pnkgirl25 — Mon, 10 Nov 2014 15:32:45 GMT

I tired! They are closed today due to the holiday

Re: CRAP CRAP CRAP!!!!!

Creditwiser — Mon, 10 Nov 2014 15:40:03 GMT

I wouldnt sweat it. You're not 30 days late ( That I would sweat ) and like someone else said, they just might give you a pass when you speak with them. If you dont end up closing them I would look in to an autopay setup.

Re: CRAP CRAP CRAP!!!!!

EvilR-T — Mon, 10 Nov 2014 15:42:38 GMT

Seriously, don't worry about it. Just talk to them and explain why you were late. everything will be good

Re: CRAP CRAP CRAP!!!!!

pnkgirl25 — Mon, 10 Nov 2014 15:44:07 GMT

They already charged me a late fee

Re: CRAP CRAP CRAP!!!!!

coldnmn — Mon, 10 Nov 2014 15:44:28 GMT

@jettech wrote:
I wouldnt sweat it. You're not 30 days late ( That I would sweat ) and like someone else said, they just might give you a pass when you speak with them. If you dont end up closing them I would look in to an autopay setup.

+1 the worst case you have to pay a late fee if they don't give you a pass on it. Good Luck!

Re: CRAP CRAP CRAP!!!!!

Anonymous — Mon, 10 Nov 2014 15:51:51 GMT

Don't freak out! Because you're less than 30 days late, it won't show on your credit report. You'll also probably get them to waive the fee, especially if you say you'll add autopay, which might be a good idea to add to your other accounts if you pay in full. Good luck!

Re: CRAP CRAP CRAP!!!!!

Creditwiser — Mon, 10 Nov 2014 15:59:39 GMT

@pnkgirl25 wrote:
They already charged me a late fee

Ok then call them when you can and plead your case. Especially if you've never been late with them before. If they dont, lesson learned and move on. Remember the autopay thing if you decide not to close the account. Good reminder to look at your other accounts too.

Re: CRAP CRAP CRAP!!!!!

juggar — Mon, 10 Nov 2014 16:28:57 GMT

Call them and ask for forgivness, my parents are ignorant when it comes to this stuff and had over 800 scores but now are around 780-790 because they were over 30 days late paying a card.

Then I had them sign up for creditkarma and I realize they let a Chase account close due to "non-usage" that had been open since '92 with a credit limit of 20k.....

Re: CRAP CRAP CRAP!!!!!

Anonymous — Mon, 10 Nov 2014 16:34:29 GMT

I'm not familar with your bank, but I used to be a personal banker at another bank and if you don't have a history of prior reversals it might be possible to have the fee reversed... just call and ask nicely, for some reason phone bankers tend to have more leeway in doing reversals.

Re: CRAP CRAP CRAP!!!!!

Anonymous — Mon, 10 Nov 2014 19:50:57 GMT

If its a one time deal.. dont sweat it! Worst case scenario is they wont refund the late fee and your interest rate will go up.. but since you dont use the card it wont matter!.. you're nowhere near 30 days late so they wont report it..But still try to get the late fee removed! best of luck

Re: CRAP CRAP CRAP!!!!!

Anonymous — Mon, 10 Nov 2014 19:55:19 GMT

Yes. as everyone is saying, no impact to the report (yet). If they won't remove the late fee make sure you pay that as well. Personally, if they won't remove the late fee and/or go to a Penalty APR, I would close, given that you were thinking of that anyway. I wouldn't keep an unneeded card with a penalty APR.

Re: CRAP CRAP CRAP!!!!!

Anonymous — Mon, 10 Nov 2014 20:03:44 GMT

TRy to get the fee reversed. DON'T tell them anything about thinking of closing the account. If they think it's their last chance to milk you for money, they will keep the fee. Now, if they say "no," then you can say, "you know what, I don't think this is the kind of financial relationship that I need, right now, how much would I need to pay to close the account at zero balance?" And see what happens.

Re: CRAP CRAP CRAP!!!!!

SunriseEarth — Tue, 11 Nov 2014 06:24:37 GMT

@Creditwiser wrote:
@pnkgirl25 wrote:
They already charged me a late fee
Ok then call them when you can and plead your case. Especially if you've never been late with them before. If they dont, lesson learned and move on. Remember the autopay thing if you decide not to close the account. Good reminder to look at your other accounts too.

+1. Usually, they'll waive one time as a courtesy

Re: CRAP CRAP CRAP!!!!!

FinStar — Tue, 11 Nov 2014 06:33:37 GMT

@Anonymous wrote:
Yes. as everyone is saying, no impact to the report (yet). If they won't remove the late fee make sure you pay that as well. Personally, if they won't remove the late fee and/or go to a Penalty APR, I would close, given that you were thinking of that anyway. I wouldn't keep an unneeded card with a penalty APR.

Great advice here OP.

Re: CRAP CRAP CRAP!!!!!

FinStar — Tue, 11 Nov 2014 06:34:37 GMT

@Anonymous wrote:
I'm not familar with your bank, but I used to be a personal banker at another bank and if you don't have a history of prior reversals it might be possible to have the fee reversed... just call and ask nicely, for some reason phone bankers tend to have more leeway in doing reversals.

Agree. Most banks tend to be flexible provided your account/history has been in good standing and no prior fee reversals or adjustments.

Re: CRAP CRAP CRAP!!!!!

lg8302ch — Tue, 11 Nov 2014 07:26:41 GMT

@Anonymous wrote:
Yes. as everyone is saying, no impact to the report (yet). If they won't remove the late fee make sure you pay that as well. Personally, if they won't remove the late fee and/or go to a Penalty APR, I would close, given that you were thinking of that anyway. I wouldn't keep an unneeded card with a penalty APR.

+1 I would ask nicely and if they do not budge ask to close the account. If they agree to remove the late fee let that be sorted out first and if you still want to close it do it once the late fee is reversed ..Good luck`!