Credit Card help

[Twista]

Be gentle please =]


So i had a minimum payment of lets say $270 on my credit card due to a mistake that was pretty much my fault. Anyways, i had to pay the CC company money for late fees, overlimit fee and return payment fee which wasnt pretty. Now, today i paid them 210 instead of the 270 which is due on the 14th which is next monday. Which means i still owe them $60 to complete the $270 thats due on monday.

Okay, why does it say i owe them only 13.38 now for my minimum payment? Take in mind i paid them 210 today which is acouple days before my due date. What happened to the other $60 i owed them? I know i still owe them money. my outstanding balance is lets say 213.38 which is what i need to pay off.

Anyone know what happened to the other part of the minimum payment? Im still going to give them $60 instead of the 13.88 due on the 14th.

 

[mooglemania85]

Don't you mean that the balance was $270? Paid $210, now owe $60 + probably some fees. That's how they are calculating the $13.38 minimum payment.


If it's like you described, a minimum payment of $270 means your overall balance was a shitload higher.

 

[hiromizu]

Did you call your CC company?

 

[Twista]

Originally posted by: mooglemania85
Don't you mean that the balance was $270? Paid $210, now owe $60 + probably some fees. That's how they are calculating the $13.38 minimum payment.


If it's like you described, a minimum payment of $270 means your overall balance was a shitload higher.

Well, i was already at my limit when the last payment was due. The payment had screwed up because i entered my bank account number wrong (didnt all the the 0's thats on the statement. On a deposit slip you dont need to add the 0's, but i ate the cost anyway). Anyways, long story short the fee's made me go over my limit :/

So, thats why the min. payment was a shitload.

Lets say it like this:

Credit card limit 200
Money i spent on card? 200


First payment on card due last month: $13 minimum payment

I setup my chase account with my chase CC account so its drawned from my bank account. I accidently setup the account wrong therefor the money never withdrew from my account. However, the chase Credit site said i paid them however the money was NEVER taking from my chase bank account. So the CC company charged me up the butt for fees.

So back to what i was saying:

Credit card limit 200
Money i spent on card? 200

After fees and shit. Money spent on card: 300
Which puts my minuim payment at 100 when it should be like $14

Now that puts me over my $200 limit, which results in overdraft fee.

So, i gave them lets say $80 till i could pay the other 20 before the due date. Why does it say i owe them a smaller amount than whats do. Its like i owe them $5 on the min, payment now when i should owe them 20.

hopefully that clears that up

cliffs:
-Owe chase $100 on next monday
-paid $80 today
-Payment went through tonight and says i owe them $5 now
-what happened to the other 15 i owe them??