Quick question - NFCU late payment

[Anonymous]

I opened myself a secured NFCU card about 9 months ago. I use it and pay my bill on time every month - not always in full, but still. ANYWAY... while going over my bills/monthly budget earlier, I realized I missed my July payment!! I immediately called and made a (large) payment, but I'm 20 days late. I don't check my reports regularly (as I feel like it's kind of a waste of money), but is it safe to assume that I'll have a 30 day late mark from this?! The kind lady at NFCU wasn't able to tell me if it would be/has already been reported as a late payment.

[Jnbmom]

Unless you are 30 days late, it will not report. However internally it may hurt you in regards to  when Navy will unsecure  it.

[Anonymous]

NFCU doesn’t require a payment every month either, I’ve noticed that every other month I end up having $0 minimum payments so you would need to look at your statements and see if July was one of them. 

As you can see, despite having a balance, July was a $0 due month for me. I don’t know their threshold for when they don’t require the next payment, I just know it’s more than the minimum the prior month that triggers it. 

But as @Jnbmom says, unless it was over 30 days late it won’t hit the bureaus regardless. 

[Anonymous]

Awesome, thank you both!

[CreditInspired]

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@Anonymous wrote:

NFCU doesn’t require a payment every month either, I’ve noticed that every other month I end up having $0 minimum payments so you would need to look at your statements and see if July was one of them. 

As you can see, despite having a balance, July was a $0 due month for me. I don’t know their threshold for when they don’t require the next payment, I just know it’s more than the minimum the prior month that triggers it. 

But as @Jnbmom says, unless it was over 30 days late it won’t hit the bureaus regardless. 

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Ditto Jnbmom.

Saeren: You're right. When this happened to me, I called and asked NFCU why a payment wasn't required. I was told since I had paid double the minimum the prior month, I wasn't required to pay a minimum payment the next month. Not happening. I made a payment anyway.

[Anonymous]

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@CreditInspired wrote:

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@Anonymous wrote:

NFCU doesn’t require a payment every month either, I’ve noticed that every other month I end up having $0 minimum payments so you would need to look at your statements and see if July was one of them. 

As you can see, despite having a balance, July was a $0 due month for me. I don’t know their threshold for when they don’t require the next payment, I just know it’s more than the minimum the prior month that triggers it. 

But as @Jnbmom says, unless it was over 30 days late it won’t hit the bureaus regardless. 

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Ditto Jnbmom.

Saeren: You're right. When this happened to me, I called and asked NFCU why a payment wasn't required. I was told since I had paid double the minimum the prior month, I wasn't required to pay a minimum payment the next month. Not happening. I made a payment anyway.

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Yeah I mean it’s cool for people who are struggling to make ends meet but I’m not going to fall into the trap and pay interest.