my credit card due date is 8/14 and i paid on 8/14 and capital one received the payment on 8/15, Is this a late payment? Because i did not pay late, i paid exactly on 8/14, Now they r charging me late fees. Calling capital one and there is no customer service but only automated answer machine.
2006-08-22 13:31:53 · 7 answers · asked by samui_cloud 2 in Business & Finance ➔ Credit
And paid online,
2006-08-22 13:33:34 · update #1
All on line pay sites explicitly state, "Allow 2-3 days for payments to be posted."
Write a letter and you may be able to have it corrected. Maybe! Worth a try, so that your account doesn't reflect a late payment.
Be sure to have a printout of the statement with the payment reference number.
You also should be able to email from your account on line.
Good luck.
2006-08-22 13:42:53 · answer #1 · answered by ed 7 · 0⤊ 0⤋
I think it depends on which credit card and bank you have. My first premier credit card account is always paid on the due date online but I've never had a late charge. The time is also included. If I pay after 3:00 p.m. its credited to the next buisness day which would be considered late.
2006-08-22 20:46:28 · answer #2 · answered by ABCSMOM 1 · 0⤊ 0⤋
Yes that is a late payment.
It doesn't matter when you sent it; all that matters is when they received it. Most have a cutoff time stated specifically in the fine print. But CLEARLY if they didn't get it until the 15th, then it was late.
There is customer service if you pay attention to the recordings it will connect you to a real person...eventually.
2006-08-22 20:37:39 · answer #3 · answered by idiot detector 6 · 0⤊ 0⤋
It is late. Sorry. You got that bill long in advance with a 25 day grace period and the 25th day was the 14th. Anything after that is considered late. Sorry, you have to give at least 3-5 days for banks to get the funds to them as stated in agreement.
2006-08-22 20:34:41 · answer #4 · answered by Anonymous · 1⤊ 0⤋
I know all had same problem - better pay 5 days before due date. That time you are sure be on the time. If is it just one time Capital One probable not charge you. But you need contact with them - write letter. good luck!
2006-08-22 20:52:47 · answer #5 · answered by Freesia 5 · 1⤊ 0⤋
You better hope not because if they consider it late your APR is going to be pushin 29% for a full year. Good Luck!
2006-08-22 22:09:31 · answer #6 · answered by bella_4624_19 4 · 0⤊ 0⤋
Hence one of the many reasons I wouldn't have one of their cards.
2006-08-22 20:37:41 · answer #7 · answered by Casper 3 · 0⤊ 0⤋