Did you know that 98% of credit card companies have a small print which you may not have read?
They have a pay by date, which you honour.
However, the small print says, " payment to be received by noon "!
i.e. the cut off is noon on your due payment day!
You may honour your payment by direct debit from your bank, or however you prefer. But if it isn't there by noon then you miss the cut-off payment time and you are charged accordingly!
I also found this, when looking up other things: http://www.huffingtonpost.com/james-randel/the-ten-sneakiest-credit_b_194017.html
Originally posted by mikelomWar is war, loser!!!!
Did you know that 98% of credit card companies have a small print which you may not have read?
They have a pay by date, which you honour.
However, the small print says, " payment to be received by noon "!
i.e. the cut off is noon on your due payment day!
You may honour your payment by direct debit from your bank, or however you prefer. But if it isn' ...[text shortened]... er things: http://www.huffingtonpost.com/james-randel/the-ten-sneakiest-credit_b_194017.html
It also keeps me in a job so please keep it on the down low!
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Originally posted by Very RustyWhy not just have them withdraw the payment automatically (pre-authorized payment) on the due date Spartacus then you won't have to worry. Or are you the kind of person who makes "minimum" payments?
That is good info...
I never let anything on a credit card wait till last minute to pay, I always pay it well in advance of due date.
1 edit
Originally posted by Great Big SteesActually, I am the kind of person who pays it in full each month. 😛
Why not just have them withdraw the payment automatically (pre-authorized payment) on the due date Spartacus then you won't have to worry. Or are you the kind of person who makes "minimum" payments?
Ok, if I happen to die I don't want them to get what ever was on it that month...LOL... Reason for not doing pre-authorized payment thingy.
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Originally posted by Very RustyYou cheap.....sorry ...frugal Bastar#
Actually, I am the kind of person who pays it in full each month. 😛
Ok, if I happen to die I don't want them to get what ever was on it that month...LOL... Reason for not doing pre-authorized payment thingy.
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Originally posted by Very RustyOn this site does anybody really know anybody? Well actually I do know, and have met, Frank Burns (a gentleman BTW) and Sylvia 1 ( a gentlewoman). You are actually quite astute there Very....I am a bit silly. Are you really "frugal"?
You dont even know me you silly Bastar#
Originally posted by Great Big SteesI will think about it and get back to you on the frugal thing. 😛 Often the way we see ourselves, is NOT the way others see us. 😉
On this site does anybody really know anybody? Well actually I do know, and have met, Frank Burns (a gentleman BTW) and Sylvia 1 ( a gentlewoman). You are actually quite astute there Very....I am a bit silly. Are you really "frugal"?
I wouldn't have thought Frank Burns was anything but a gentleman.
Originally posted by mikelomI have never understood why anyone uses a credit card. If you don't have the money to buy something, you can't afford it...therefore you shouldn't buy it. If you really need to indulge in retail therapy, try charity shops. If you're gonna buy something pointless, it might as well be cheap. 😉
Did you know that 98% of credit card companies have a small print which you may not have read?
They have a pay by date, which you honour.
However, the small print says, " payment to be received by noon "!
i.e. the cut off is noon on your due payment day!
You may honour your payment by direct debit from your bank, or however you prefer. But if it isn' ...[text shortened]... er things: http://www.huffingtonpost.com/james-randel/the-ten-sneakiest-credit_b_194017.html
- Joined
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- 213560
Originally posted by MarinkatombSome (like myself) use it like a debit card but you use their (the banks) money for about 25 days free of charge. Think of the interest you're making on your bank account. Now this , of course only works if you pay it off when it's (the card) is due. But I know I'm not telling you anything you didn't already know right?
I have never understood why anyone uses a credit card. If you don't have the money to buy something, you can't afford it...therefore you shouldn't buy it. If you really need to indulge in retail therapy, try charity shops. If you're gonna buy something pointless, it might as well be cheap. 😉