Last month, my balance was $701.27. I made a $100 online payment. Now they say I have a zero balance. Pretty cool, huh?
2006-09-13 10:01:58 · 22 answers · asked by slyry75 3 in Business & Finance ➔ Credit
Stuart- How did I commit a crime here? I made payments every month, and they made a mistake in my balance. Is it a crime for me to not bring their mistake to their attention? Please...
2006-09-13 19:16:09 · update #1
Only for a little while. That's happened to me twice in the past 30 years. The first time it took them about 6 months to figure it out. At least I didn't pay any interest for that time. The second time, about 4 years ago, they found it out the next billing cycle.
2006-09-13 10:04:04 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Wow, the two human beings above this are completely incorrect. It skill the credit card owes you cash. You the two overpaid your bill given which you had no stability in the past, or some thing to procure hadn't been credited yet. maybe you paid the bill assuming that given which you had offered some thing it had long previous on the account at once, notwithstanding it takes time. watch on your bill till now you pay.
2016-12-18 09:48:26 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Problem is, if they catch it several months later, you may owe a lot of interest and penalties for not making minimum payments. And, after all, you owe the money. Call them and straighten it out. Ask if they would consider lowering your interest rate a point or two for bringing this to their attention.
2006-09-13 10:04:44 · answer #3 · answered by jboatright57 5 · 0⤊ 0⤋
90% of the time, this stuff gets caught. The biggest reason-- someone probably made a large payment or paid off their card and your account was one or two digits off so it went on yours.
When the other person gets their bill, you can bet your A$$ they are going to ask it be straightened out-- and then they'll discover your little 'yayhoo' thing.
2006-09-13 10:39:27 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Before you get too excited, check your checking account to make sure they didn't pull out $701.27. We don't pay anything online any more because a keying error at the mortgage company resulted in our mortgage being paid twice out of the checking account.
Needless to say, since we don't maintain a $2500 minimum balance, we bounced stuff all over the place and it was a HUGE mess!!
Just double check to make sure...
2006-09-13 10:16:15 · answer #5 · answered by thegirlwholovedbrains 6 · 0⤊ 0⤋
Take advantage of their mistake, close the account, and get a new credit card with a different bank.
2006-09-13 10:10:47 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I would keep sending in payments if I were you. they will catch it sooner or later. But it would be great to see the credit card company be the one to get screwed for a change.
2006-09-13 10:06:16 · answer #7 · answered by Kismitt 6 · 1⤊ 0⤋
Did you know that the hardest part of a prosecutor's job is proving premeditation? They can prove the crime was committed, and they can prove you did it, but it's really hard to prove you intended to do it, that you even thought about it first.
Until the internet came along...then, all the prosecutor has to do is take a publicly published confession (like this one, for instance), to prove you intended to defraud the credit card company.
Fortunately, the state will feed you and let you meet some nice new roommates.
2006-09-13 10:06:51 · answer #8 · answered by Stuart 7 · 0⤊ 3⤋
Cool yeah right now, but when they figure it out (and they will) the interest will grow if you make no payments.
2006-09-13 10:09:54 · answer #9 · answered by flip103158 4 · 0⤊ 0⤋
It'll show up at month end. Don't worry, they will find the error givin time as their books won't balance at month end
2006-09-13 10:04:16 · answer #10 · answered by Anonymous · 0⤊ 0⤋