late-fees
(prayitno)
(erocsid)
—>Earlier this week, I posted about a college student who couldn't get Capital One's Emergency Payment Protection Plan activated on his account because of missed deadlines. Andon wrote back today to say that after he sent an EECB to the credit card company's executives, they apologized and activated the service. More »
—>Blockbuster is apparently "celebrating the end of late fees" with... late fees! More »
—>A woman in Iowa was arrested last week for the theft of three video tapes from a local video store. She rented them in May of 1998, and a charge was filed against her in September of that same year after she repeatedly neglected to return them. More »
—>An anonymous reader says both his and his wife's Discover cards—the accounts are separate—had their due dates moved up by four days in June. He called Discover, "and they stated that they sent out notices in the mail 45 days in advance warning of the change, which I don't remember seeing. Regardless, they were able to revert my due date starting in July. You may want to have your readers closely check their Discover Card statements." More »
—>Jason writes, "My wife just sent me an email saying that she paid 'too early' (before the new statement was generated) and got charged a 'Late Fee' of $29!" He says she called Capital One and got the fee waived, but it's a good reminder that if you make a payment before the new statement period begins, your card provider will likely apply the payment to the previous statement period, and will still expect a fresh payment from you by the new due date. Just make sure your payments aren't scheduled so early that they're applied to the past and you'll be fine. More »
—>The House is expected to pass the Credit Cardholders' Bill of Rights Act today, and the Senate is considering similar legislation. The Senate battle will be harder, but you can help! More »
—>Although it has yet to pass into law, the Tennessee Senate Commerce Committee has approved a bill that requires creditors to count the postmark date of a payment as the payment date, not the day they say they receive it. More »
—>Chase has emailed its customers a friendly reminder that if you can't pay your taxes this year, you can charge them on your Chase credit card! Even the IRS site suggests you consider using a credit card if you can't pay your debt. However, before you do something as debt crazy as charge up a high credit card balance, consider the following points and make sure you're doing the most financially responsible thing. More »
