Paid credit card bill 8 days late...help!!

[Anonymous]

I have a credit card with a few thousand on it that I rarely if ever use. I’m paying the minimum payment plus $50-100 extra each month. I was an idiot and completely forgot in February - so I technically missed a payment. I paid the past due balance today along with the March amount. I don’t mind the minimal late fee, but I feel like this will be devastating to my credit score! I’ve never missed a payment before and I’ve read it can drop your score over a hundred points. Anything I can do? And yes, I set up autopay so this won’t be an issue again!

[Anonymous]

It might not actually get reported. I have missed payments by accident before and they were not reported and did not show up on my credit report.

[Anonymous]

It's worth calling to beg your case. If it's the first time, they may be willing to waive the fee.

[Anonymous]

Anonymous wrote:It's worth calling to beg your case. If it's the first time, they may be willing to waive the fee.

Yes, this. If you've never paid late, they'll probably waive the fee.

[Anonymous]

Big deal. Chill out.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's worth calling to beg your case. If it's the first time, they may be willing to waive the fee.

Yes, this. If you've never paid late, they'll probably waive the fee.

I do this all the time. If I have been sick or travelling, sometimes payments get missed. BTW - set up automatic payments of minimum amount + $10 every month. That way you will not miss a payment. Then, if you have more money, make another payment in the same month too.

[Anonymous]

Anonymous wrote:It's worth calling to beg your case. If it's the first time, they may be willing to waive the fee.

This. The few times I've missed a payment (like once every 5 years), they've always dropped the fee when I called in.

[Anonymous]

If you have a special low interest rate this could crank it back up to normal. But no one reports to the credit bureaus before 30 days late.

[Anonymous]

This is not a 30 day late that would be reported to the credit card bureaus so no worries there. You would have to miss the second payment in order for that to happen.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's worth calling to beg your case. If it's the first time, they may be willing to waive the fee.

This. The few times I've missed a payment (like once every 5 years), they've always dropped the fee when I called in.

+1 We usually have some mistake every year or 2 and they've always dropped the fee when I've asked.

[Anonymous]

Same here - we always pay on time and in full, except when I'm human and make a mistake. I call them, explain the why (busy with kid, sick relative/out of town, busy and forgot) and ask them as a long time customer to please waive the fee. As long as you ask nicely, are a good customer and dont pay late regularly, they will do it.

[Anonymous]

This wont impact your credit score.

[Anonymous]

Do you need your score anytime soon?

[Anonymous]

This is not even remotely “devastating” to your credit score. You’re fine. Relax!

[Anonymous]

Good God, get some perspective!

Call them and ask to have the fees removed - they have to do this once a year. 8 days isn't even really reported, and if it is, it is hardly "devastating" to an otherwise good credit score.