1 day late payment on credit card | TigerDroppings.com

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rintintin
New Orleans Saints Fan
Life is Life
Member since Nov 2008
7526 posts

1 day late payment on credit card


Idiotically forgot to pay one of my credit cards this month and was a day late. I payed it as soon as I found out the next morning. How much will this stupid brain fart affect my credit score? This is my first late payment ever.

And while we're on this subject, how much does the lateness of the payment play a factor? Is 5 days exceedingly more detrimental than 1 day?







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GoHoGsGo06
Stanford Fan
Member since Nov 2006
4140 posts

re: 1 day late payment on credit card


Not an expert, but if u call them, they probably take off the late payment notification. So it wouldn't hurt you at all.





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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18134 posts

re: 1 day late payment on credit card


Paying one day late won't do a thing. Relax.


This post was edited on 6/19 at 6:14 pm


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JonTheTigerFan
LSU Fan
Central, LA
Member since Nov 2003
4668 posts

re: 1 day late payment on credit card


They will only report you to the credit bureaus if you're 30 days late or more. You may have a late fee but that's it. You're good.





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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11967 posts

re: 1 day late payment on credit card


quote:

How much will this stupid brain fart affect my credit score?








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Will Cover
Southeastern LA Fan
Bangor, ME
Member since Mar 2007
24491 posts

re: 1 day late payment on credit card


quote:

How much will this stupid brain fart affect my credit score?


None.






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kywildcatfanone
Kentucky Fan
Wildcat Country!
Member since Oct 2012
15814 posts

re: 1 day late payment on credit card


quote:

Paying one day late won't do a thing. Relax.


I think it's a 30 day+ late that gets your credit score to be dinged.






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rintintin
New Orleans Saints Fan
Life is Life
Member since Nov 2008
7526 posts

re: 1 day late payment on credit card


Ah, gotcha. I really didn't know how they operated. Good to know.





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PurpleAndGold86
LSU Fan
Houston, TX
Member since Jun 2012
9939 posts

re: 1 day late payment on credit card


They will charge you interest for the entire 30 days even if you paid the balance one day late. Call them and they will probably remove both. Same thing happened to me about 6 months ago.





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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
29672 posts

re: 1 day late payment on credit card


quote:

They will only report you to the credit bureaus if you're 30 days late or more. You may have a late fee but that's it. You're good.


Sorta.

If you have a special interest rate offer you may find that you are now paying 20% or more, sometimes they will yank the offer without telling you.

But it definitely won't hurt your score. Quite frankly, most issuers love people who are no more than a few days late every now and then, it's extra cash flow in late fees.






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League Champs
Bayou Self
Member since Oct 2012
3115 posts

re: 1 day late payment on credit card


Call them. Ask if they waive fees for 1 day

I've done it at least 4 times in my life

All they can do is say no

And not one said no to me






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JonTheTigerFan
LSU Fan
Central, LA
Member since Nov 2003
4668 posts

re: 1 day late payment on credit card


quote:

If you have a special interest rate offer you may find that you are now paying 20% or more, sometimes they will yank the offer without telling you.


True. That would suck!






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xenon16
LSU Fan
Metry Brah
Member since Sep 2008
2653 posts

re: 1 day late payment on credit card


I've always had success with them removing fees + interest. Just tell them that you are a loyal customer and all that jazz





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the LSUSaint
LSU Fan
Member since Nov 2009
5209 posts

re: 1 day late payment on credit card


Put it on auto pay for the minimum (at least) each month. You can always pay more but at least you are protected!
Why take a chance?






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