Search

What are the possible consequences of making a late payment? Tips to avoid late fees - WLS-TV

guduka.blogspot.com
CHICAGO (WLS) -- Missed credit card payments and fees are are a big problem for people during the pandemic.

Forty-two million Americans, almost 1 in 5 adults, think they will miss at least one credit card due date in 2022, according to a new WalletHub survey.


Here are tips for credit card users concerned about late payments:


  • Set up automatic monthly bill payments for the "minimum amount due." Taking this one simple action can help avoid late fees and credit score damage

  • Budget responsibly: The best way to make sure you have enough money to meet your card payment minimum is to save a small amount of money each month. If you can afford to pay more than the minimum or your statement in full, do this to avoid paying interest.

  • Avoid surprise fees by reading the fine print: In a lot of cases, 'no late fee' only means no fee for the first missed payment, not any subsequent times.

  • Ask your credit card company to waive the late fees: 9 out of 10 consumers have found this works! Especially if you pay your bill on time every other month, asking for help in a pinch is not out of the question.

Copyright © 2022 WLS-TV. All Rights Reserved.

Adblock test (Why?)



"payment" - Google News
March 13, 2022 at 09:31AM
https://ift.tt/GpFPdaM

What are the possible consequences of making a late payment? Tips to avoid late fees - WLS-TV
"payment" - Google News
https://ift.tt/WB45MHq
https://ift.tt/0mDUtuf

Bagikan Berita Ini

0 Response to "What are the possible consequences of making a late payment? Tips to avoid late fees - WLS-TV"

Post a Comment

Powered by Blogger.