ohno week late credit payment, am i ruined?

[edro]

Hating a credit card company is like hating bacon for making you fat.
It's delicious and great as long as you don't eat it for every meal.

 

[IceBergSLiM]

are you kidding me?

I dont know where he is getting the 50 point hit vs. the 175 ......its either 30 days late or its not.

 

[Texashiker]

i just realize i didnt set up auto pay on my credit card! so i called and had them waive late fee and paid it up but does this mean i am financialy ruined if i ever want to buy a car or house?

Sorry to break the news to you, but its time to have a Jim Jones cool-aid party.

Get ready to live in poverty for the rest of your life, as not only will your credit be ruined, but you will probably never be able to find another job.

Nice knowing you, be sure to include me in your will.

Personally, I dont worry about late fees or credit card ratings, because I do not have a credit card. You can not worry about something if it does not exist.

 

[Triumph]

No one knows how they really work the credit ratings, but I would say 1 week is fine. The only ding on my rating was a 60 day mistake due to crossed signals in billing cycles, and my credit is still mid 700's.

Just don't make a habit of being a week late. My dad was saying something that it isn't even enough to pay your bills on time, but that your credit will improve if you pay them way early. Not sure how much truth their is to that.

 

[IceBergSLiM]

No one knows how they really work the credit ratings, but I would say 1 week is fine. The only ding on my rating was a 60 day mistake due to crossed signals in billing cycles, and my credit is still mid 700's.

Just don't make a habit of being a week late. My dad was saying something that it isn't even enough to pay your bills on time, but that your credit will improve if you pay them way early. Not sure how much truth their is to that.

None. There is no pays early option on your credit report.

 

[slayer202]

Your only option is Harakiri. Don't shame your clan

 

[Train]

depends if they report it.

Had a late payment back in Aug 08, called discover, they waived the fee (I was a 10+ year card member) and when I checked my credit reporting later, they listed that month as "paid on time".

They don't report every mistake to the credit bureaus.

 

[NoCreativity]

Why would Apolo Ohno's late payment ruin your credit?

 

[BrokenVisage]

I have an annuity and I need cash nowww
CALL J.G. WENTWORTH - 877-CASH-NOW!

 

[BTA]

I was late on a payment for a jc penny card once, about a week as well. Paid it and the late fee, never showed up on my credit report.

 

[ViviTheMage]

Your interest rate will go up but your credit will not be harmed unless you are more than 30 days late.

This is what I was going to post.

 

[FDF12389]

No you're fine. You just have to wait 7 years for a house or 3 years for a car loan.

 

[Macamus Prime]

It depends, if the bank is in Texas - they will find you and shoot you.

Otherwise, it's not a big deal.

 

[brianmanahan]

No you're fine. You just have to wait 7 years for a house or 3 years for a car loan.

O_O

that is like for ever

 

[FDF12389]

O_O

that is like for ever

It goes by pretty quick, and you can still buy a house, it would just be a higher interest rate, probably somewhere around 13%

 

[brianmanahan]

It goes by pretty quick, and you can still buy a house, it would just be a higher interest rate, probably somewhere around 13%

well thats not bad, my credit card is like 19%

 

[edro]

O_O
that is like for ever

They are bullshitting you because you are unbelievably gullible.

 

[Tea Bag]

write a pome to the credit bureaus and they will most likely overlook this offense and not ding you.

 

[FDF12389]

They are bullshitting you because you are unbelievably gullible.

False. Also yes, 13% is lower than 19% so it wont really affect you at all!

 

[darkxshade]

When you're late on a payment, your credit score gets reset and you start from 0. Have fun building it back up over the next decade or 2 sucker.

 

[brianmanahan]

i think your lying, i dont know who to beleive here any more

 

[highland145]

i think your lying, i dont know who to beleive here any more

Well, of course, none of us.

It's not 30 days late, I assume, so you're good. That's truth.


<---loan shark. Legally, hehe.

 

[Squisher]

 

[Jaepheth]

Hating a credit card company is like hating bacon for making you fat.
It's delicious and great as long as you don't eat it for every meal.

What if I'm diligent to throw up shortly after every meal?

 

[jupiter57]

For a bunch of High-Rolling, Investment savvy, $500K yr. earning, cash paying ATOTers, you guys sure seem overly concerned about your "Credit Score", whatever that is.