In Credit Card Rates, Trust but Verify
ONE thing I take pride in — actually I cling to desperately as proof that I can manage our finances — is that we pay our credit card bill in full every month.
That’s why I was shocked last month to discover that I had put the bill away in its little “to pay later” place, and then forgot it.
I was even more shocked when I saw the $39 late fee and $70.88 finance charge on our October bill.
Our card issuer, Citibank, agreed to waive the late fee (always a good idea to call and ask), but I was still on the hook for the finance charge.
That’s why I was shocked last month to discover that I had put the bill away in its little “to pay later” place, and then forgot it.
I was even more shocked when I saw the $39 late fee and $70.88 finance charge on our October bill.
Our card issuer, Citibank, agreed to waive the late fee (always a good idea to call and ask), but I was still on the hook for the finance charge.
Read more at: In Credit Card Rates, Trust but Verify
posted by e-borneo.com @ 5:26 PM
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