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Reply to "Malfunction with auto pay, dinged on credit score, anything I can do?"
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[quote=Anonymous]We had auto pay set up on one of our lesser use CCs and it stopped working one month, we're not exactly sure why but the amount owed was so small the bank didn't alert us or even charge us a late fee. Well we paid it off as soon as realized auto pay had stopped working but the lateness was already reported on our credit. I called the bank and they said they had to report it as late to the credit agencies even if they didn't consider it late enough to fine us, according to fed law. Is there anything I can do to get this removed from my report? I'm really ticked the bank didn't at least call us before doing this but they claim they were obliged under the law and can't help resolve it.[/quote]
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