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Late fees :-(

January 18th, 2017 at 11:03 am

Dang. My goal for many years (since I've given the credit card companies thousands of dollars in the past) has been to not give them another dime. Today I had to give them $60 because we accidentally charged a purchase to a credit card that I no longer track.

I've been asking NT to cancel several credit cards for at least a year now, maybe more. I used to remind him every month or so but I'd kind of given up. Anyway, one of them called him to say he was 2 months behind on a payment. I looked into it; it had been linked to Paypal and I must have accidentally chosen it to pay something.

Every once in a while I have a budget tracking discrepancy, so I imagine when this happened, I marked the purchase as going on our regular credit card. Then when the month's payment came I probably had a $36 discrepancy from what I owed and wasn't able to reconcile it, so just altered the budget. My math does fail me from time to time, so I probably thought nothing of a $36 discrepancy.

So we paid the stupid tax. Frown Hopefully this will spur him to close those cards once and for all.

6 Responses to “Late fees :-(”

  1. AnotherReader Says:

    Forget the late fees. This may damage his credit rating and wreck your chances of refinancing your house. Call the the credit card company and see if you can get them to waive the late payment fee and not report the late payment.

  2. ceejay74 Says:

    It's 2 months late, so I imagine it's already been reported. I checked his credit score and it's in the low 700s, so I would guess the damage is done. Well, your comment about not having 3 good comparables was making me lean toward not trying to refi anyway, so I guess this kind of seals the deal.

  3. AnotherReader Says:

    Never hurts to try. Did you not get a statement? If this is the first time this has happened, it might be forgivable if you have a good excuse and can sweet talk the CSR. In your shoes, I would give it a shot.

    Closing the credit cards will hurt his credit rating. Better to put them in a drawer and remove them from links to shopping websites than to close them.

    Really want to see you get out of that outrageous PMI. The government is supposed to be helping first time and lower income buyers with the FHA program. Instead, they are ripping them off.

  4. Carol Says:

    I agree about calling. Be sweet and do your best. It was an honest mistake. You don't have anything to lose.

  5. ceejay74 Says:

    I'd already sent the payment, but I had NT call and talk to Capital One. Apparently they're going to write to the credit bureaus and have them reverse the mark or something. Thanks for the advice everyone!

  6. My English Castle Says:

    Good ending! It never hurts to ask, right?

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