Hubby's check was late, arriving today and I just got online to pay bills and am 3 hours late for the cutoff for my due date. Does Chase offer a grace period? If not what happens now? I just made the payment on their website.
BK DC 10/18/18
@longtimelurker wrote:
@Skye12329 wrote:
@longtimelurker wrote:
@nursepower wrote:Hubby's check was late, arriving today and I just got online to pay bills and am 3 hours late for the cutoff for my due date. Does Chase offer a grace period? If not what happens now? I just made the payment on their website.
If it is the first time, and they do charge a late fee, you can often get them to waive it. Nothing is reported to bureaus untl it is at least 30 days late, so you are ok there. Biggest threats are late fee and penalty APR.
+1 on the late fee attempting to get waived, but is nothing reported late till 30 days? Because i thought some companies can still consider it late by 30 even if it was just 1 day past. As for only being 3 hours late i think if Chases timezone is behind which by a few hours compared to yours you might be fine. Im not sure what their timezone is. I just know certain things for me update at like between 2am - 4am.
It's possible but unlikely. Checking on the web, i found this which seems a little contradictory!
That drop can also follow a payment that's fewer than 30 days late, depending on when your bank reports your delinquency. "Be aware that when it comes to the reporting of late payments on credit reports, a payment that's late by one to 30 days is considered '30 days late,' late by 31 to 60 days is considered '60 days late,' etc.," says FICO's Paperno in an e-mail. "As a result, any payment made up to 30 days late will be treated as a '30-day late' by the FICO score."
Credit bureaus report late data differently, says Norm Magnuson, spokesman for the Consumer Data Industry Association, the trade group for the bureaus. The bureaus don't label a late payment as 30 days late unless it's 30-59 days late. "Therefore, Adriana E. would not be reported as 30 days late if she paid the bill 2-3 weeks following the due date," he says.
Reporting just after the payment due date is unusual. "Most lenders report accounts as late when a payment is not received by the next due date. In other words, you aren't just late, but have totally missed the payment for that month," says Maxine Sweet, vice president of public education for credit bureau Experian.
Yeah that is a bit contradictory, i guess it depends on the lender. 
Well got hit with the $25 late fee. I sent a secured message asking them to remove as a courtesy and also moved our payment date back two days so this doesn't happen again. Also placed a buffer in my bank in case the pay is late again and bills need to be paid the money is there.
@nursepower wrote:Well got hit with the $25 late fee. I sent a secured message asking them to remove as a courtesy and also moved our payment date back two days so this doesn't happen again. Also placed a buffer in my bank in case the pay is late again and bills need to be paid the money is there.
I would just set up auto pay for the min so this way if you ever forget it auto pays the min payment
What do I do if I want to pay more than the minimum though? Just make a second payment?
