I remember years ago when I would mail in my credit card payment well in advance of the due date, but the next month I would have a late fee and interest. It seemed that by the time you got your statement and mailed your check, there was just not enough time to beat the due date. Well, I think everyone caught onto to that scheme...why in the world could they not get a payment posted that I sent 2 weeks before the due date? Wasn't this something that was found to be happening way too often. I might be wrong, but seems like I remember something like that.
So, we all switched to online payments, either automatic or manually done, and I thought those days were all over. Is it? I have been making my payments online for years now, I enter them to be paid on the due date, but I enter them well ahead of that date. Twice this month, I looked over my statement, yes I still get paper, and found late fees and interest. I have confirmation numbers and dates, paid on the due dates. One was made the next day, the other was 4 days later. I called each one and, yes, they see that I always pay on time...so sorry, we will credit that back right away. Really, I guess you will! How about stop trying to rip me off again!
How many people never really look at their statements? How well are you watching your statements these days? I pay mine off each month so it is easy for me to see a forwarding balance and catch the error, but if you don't, it might be harder to catch if you are not looking close. You might take another look every month, twice in one month is just a little too coincidental for me.
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