04-12-2010, 11:00 AM
Sijray21 Wrote:i don't know anything about late fees or charges; i pay them off at the end of the month
+1 - except I do pay $60/year for the United Mileage Plus card
Jeff Wrote:Well, my dumbass missed the date last month. I never even opened my bill until I went to pay it last night (a day late...again). When I opened the bill I see a $40 late charge plus interest. So I call any they say they can't do shit. Told them back when it was a Circuit City card it had a grace period of 3 days. I thought that was the case so I didn't worry about paying it "around" the due date.
A "grace period" is the time between when your statement closes and the due date. It sounds like you might think it's extra days you can pay beyond the due date, which it isn't. You usually have a few weeks to pay in full before you start accruing interest, which is what appears as the due date on your bill. Any time after that date and you owe them late fees and/or interest.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth