Answers about Credit Card Payments and Late Payments
Select from the following questions about credit card payments, late payments, payment processing and other payment issues.
- I made a payment, but it has not shown up on my credit card / home equity line of credit / personal lines of credit statement. What can I do?
- I paid my credit card bill on the 31st day after the payment due date and the bank reported that I made a late payment to a credit-reporting agency. Can the bank do that?
- My bank increased the minimum payment on my credit card account. What should I do if I can’t afford it?
- Can I make special payment arrangements on my credit card account?
- The bank is not giving me enough time to make the payment on my credit card account. How many days in advance of the due date does the bank have to send the statement?
- After a payment is made, when does the bank make the additional credit available?
- Can the bank charge a fee for making payments, such as for making a payment over the phone?
- My payment is due on the 4th of the month, however this month the 4th is a federal holiday. I generally mail my payments to the bank. Why don’t they change the due date on the bill?
- I mailed my payment four days before it was due, but the card issuer says it was late. What can I do?
- Can the bank delay the posting of a payment to my credit card account?
- Can the bank apply payments to the “purchase portion” of the account first and then to the cash advance balance?
- Why wasn’t my online payment credited to my credit card account on the same day I made it?
- This month my due date falls on a Sunday. I mailed my credit card payment and it has not arrived there yet. If the payment is received on Monday, will it be considered as late?