Pay Your Bills On Time Or Face Double Jeopardy
I know I’m not using Double Jeopardy correctly, but just hear me out. Last week was a hectic week and life happened, again. In the chaos I missed making my credit card payment. Although I get email reminders, I must have hit the snooze button. Thankfully since I use Mint, it detected the $11.00 late fee.
Dodged A Bullet
I called my credit card company, explained my situation, and requested a courtesy fee reversal. They were happy to oblige. I immediately setup email and text alerts ten days before my bill is due.
A day later, Mint saw credit card finance charges. It was worse than the late fee ($14.48)! What to do? Think! I almost convinced myself there’s no way to dodge this because it was a legitimate finance charge for my one day loan on my balance. But I decided to ask for a reversal anyway. Doesn’t hurt to ask right?
Voila! Like magic, they made it disappear. I dodged two bullets, but more importantly I need to remember my lessons learned. Pay your bills on time! Who needs whopping late fees and finance charges tacked on to your credit card debt? Even more insane is letting this cycle repeat itself. You would be paying interest on your interest! No wonder people get crushed under a mountain of debt. Secondly, it doesn’t hurt to ask. Take a shot in whatever you do. For example, asking for a fee reversal, applying for a student credit card, requesting a guest post opportunity, or proposing an advertising campaign. You will miss 100% of the shots you don’t take!
Totally Money Blog Carnival #13 hosted by Thousandaire features the Samantha Brown Experience
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