There are three grounds that you might have got missed a payment on your credit card: either you cant afford to pay, the payment didnt get there in clip or you just apparent forgot. For whatever reason, theres 1 thing you need to do, and quickly get on the phone.
Then, apologise like youve never apologised before. Dont panic, stay calm, but do it clear to the client service representative that youre very sorry. State that things like this never go on to you. If you just forgot, then state the truth about what happened. But if you cant afford to pay, then you should state so too.
You will be surprised at how sympathetic credit card companies can be if you phone and apologise. After all, the reasonable 1s desire to maintain you paying interest to them for a long clip to come, so its not really in their interest to penalize you.
Remember to demo your grasp if they allow you off. Promise that it wont go on again. Whatever you do, dont get angry or frustrated. You need their good will and to be in their good books.
However, if deemed necessary, you may also desire to demo that you are willing to transfer your balance elsewhere if they wont allow you off this 1 mistake. Credit card companies will usually be more than accommodating to your petition once you make this known.
You need to do everything you can to carry them not to add your late payment to your credit report. Any negativeness in your credit report may adversely impact your applications for any credit. Remember that any late payment can be a achromatic grade against your name for as long as 10 years.
On the other hand, if the worst haps and it makes get onto your credit report, dont concern excessively. As long as theres only one late payment in a twelvemonth or so, it doesnt matter too much. Its the people who consistently pay late who get the truly awful credit ratings.
In the future, retrieve to do payments early. This travels especially for the people whose payments didnt do it in time. It is just not prudent to wait until the twenty-four hours before the deadline to do your credit card payment. Many things can travel incorrect at the last minute.
In a nutshell, its generally a bad thought to allow measures of any sort stack up until you get around to them. Reappraisal your measures regularly, wage on clip and youll unrecorded a much less nerve-racking life.