When is a bill considered late?

Question

When you mail a bill thru the mail, do they count it from the day its postmarked, or do they count it when they receive it? For example, if my bill is due on the 15th and I mail it out the 14th and they dont get it til the 19th, would they count it as being late even though its postmarked the 14th?

Only reason Im asking is because a friend swears its by the postmark date...but I somehow disagree...

Answer 1

nope its when the bill is cut then typically its 30 days after that (accounting for mail and so on) and yes if they want it by the 15th then it has to be there BY the 15th no excuses anymore especially with online bill paying.

Answer 2

nope its when the bill is cut then typically its 30 days after that (accounting for mail and so on) and yes if they want it by the 15th then it has to be there BY the 15th no excuses anymore especially with online bill paying.
It is considered late the day after it was due. As far as I know only the government, taxes, license renewals and such go by the post mark date.
You should have a few days grace period, so if it is due the 15th, and don't get it until the 19th, you should still be okay cause thats only 4 days, and usually grace periods are like 10 days or so. Also, they count it the day the get it, not the day it is postmarked. Depends on the policy of the bill collector. Most businesses will give you the grace of the post mark. But when I worked at a Rent to Own store, payment was due on or before the due date. Mail delays were not considered acceptable, and late charges were applied.

Answer 3

You should have a few days grace period, so if it is due the 15th, and don't get it until the 19th, you should still be okay cause thats only 4 days, and usually grace periods are like 10 days or so. Also, they count it the day the get it, not the day it is postmarked.

Answer 4

doesn't matter when you mail it. if it is due on the 15th and you wait until the 14th to mail, it's going to be late. Some places give a 5 day grace period. But not a credit card company for sure. They want their money on or before the due date. If it is late with them they will charge a late fee.
If any bill is 30 days late they usually report to the credit bureau but can do this if late at all....

Answer 5

The person owed the $$$ wants it IN their bank or office by that date . . .
They are NOT interested in any "it's in the mail" sob stories . . .(those are for the uber lame, really)
If it is NOT in their system on the 15th , you are LATE . . .
And real grown ups know that you do NOT mail a bill due on the 15th , on the 14th .
If for some reason , you still have the check (people still use those obsolete things ?) . . .
Anyway , still have the check on the 14th , take your butt to their office yourself and have them process it that day . Unless you are rich and don't care about late fees or getting your utility turned off .

Just curious , is this question coming from someone over 19 years old ?

Answer 6

Depends on the policy of the bill collector. Most businesses will give you the grace of the post mark. But when I worked at a Rent to Own store, payment was due on or before the due date. Mail delays were not considered acceptable, and late charges were applied.

Technically, if it's past the due date, it's past due.

Answer 7

The postmark date is considered on time,if it is posted before the deadline.

Answer 8

The postmark date IF it if has pasted its late

Answer 9

It is considered late the day after it was due. As far as I know only the government, taxes, license renewals and such go by the post mark date.