can credit cards change due dates?.......?

Question

I've been noticing that due to being 1 day late with one company, all the other aprs have been going up. I ask them why and they say that there are 30 days in a billing cycle. Some months have 31, 28 and 30 days; and so the due date changes. I'm overwhelmed and don't know where to start. I'm beginning to wonder if my bill pay throgh my bank is in on this too. I'm thinking of going through a credit card consolidation program but I know it will go on my credit. But I'm so fed p with them I can't even see, and I'm afraid to find out what they have been doing. I keep all the statements but I hate doing math. My math teacher even told me not to have a bank account.

Answer 1

They change the due dates to make you late and then run up your finance percentage rates. Have your bank autopay your bills so that you don't miss due dates. I had my autopay account automatically pay the miniumum due each month, which has been really helpful, since otherwise I might forget. You can have the credit cards take the money out automatically from your account on their due dates, too, so that you don't miss their dates. Try calling them and see if you can negotiate a better finance rate, and tell them you'll go to a lower rate card otherwise. If it doesn't work now, wait a month and try again.

Answer 2

Yes, they can and do. Get out of the bank and into a credit union. Find one that has bill pay (Internet banking) with a guarantee that they pay when you tell them to. Perhaps even transfer your balance to their in-house card. Then your payment is all on one system. Finally, if nothing else, start reading the bill and make sure your payment gets there on time; they will raise your rate a bunch again if you are late another time.