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Should I call my credit card company and let them know I will be a couple weeks late on the payment?
Wiki User
∙ 12y ago
Absolutley they will apreciate your forward approach and be glad to come to some arangement rather than chasing you
AnswerYes, explaining the circumstances, and ginving them a date when you can make the payment , as long as that is when you make it, will let them know that you are aware of your obligations but something happened. If this has not happened before, and it is an unforeseen circunstancec, such as illness, lay off or anemergency that has diverted your funds, some companies will make a record of the problem in your file, and let you send the payment in late. If you have a low promotional rate it doesn't hurt to ask if there is a way to keep the low rate even in this emergency situation. I have found most companies to be very understanding.Wiki User
∙ 12y ago
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What does credit cards processing mean?
Credit card processing describes the payment and acceptance of a credit card for payment of goods and services. The merchant usually sends the credit card number to the issuing company through an electronic terminal. The issuing company then sends a code back instantly either allowing payment to be received or declining payment.
What are the duties a Credit Manager?
credit manager is the person who deals with those company who delay the payment. the responsibility of credit manager how to response to them how to make the payment is soon as possible.
What should you do about an delinquent credit card?
No matter what else:Stop using it.Call the card company and work out a payment planJust pay it off if you can.
What is meaning of credit confirmation in letter of credit?
A final demand for payment letter can be a very strong letter by a company that is demanding payment from one of its debtors. Despite many reminders and requests for payment, the company has not received payment from its debtors, which causes it to write a strong letter to imply harsher actions. From:
Who should you call if a credit card company listed you as deceased on your credit report?
You should call the credit card company.
Does every car insurance company accept payment with credit card?
No, there are still some companies that do not accept credit cards. Personally I think they all should, call them and ask them to change their policy on this.
Does an online credit card payment get submitted to the merchant or directly to the credit card company?
The online billing goes to the merchant who in turns processes it through the credit card company. There is a back-end process to credit card captures. First, the payment details goes through the merchant via a secured form. Then it is sent through the payment gateway linking the site to the financial institutions. It gets processed by the credit card company who debits the credit card balance of the cardholder and credit the merchant account of the merchant. who is the merchant
Can a credit card company blemish your credit if your mail was lost and they never contacted you?
Unfortunately, yes - the company sent you notice of a payment due and you did not pay it. If you can prove the notice never received you, then you might be able to avoid late fees and a late payment notice on your credit rating.
What are some methods for checking accounts for bad credit?
One method of checking accounts for bad credit is to do a credit check on the required company. One would need a couple of their creditors to call and verify payment history and missed payments. Many companies who offer credit to clients often check accounts in this matter.
Will stopping payment on crashed rental car affect credit?
Credit? No. But if you crashed the rental car, then stopped payment on it you could be arrested and/or sued. ** sure it would- the company can send you to collections and that would be on your report- affecting your credit.
You got something from a store over 7 years ago made a couple of payments now some company is chasing you ive not responded to their letterscan they still get payment?
Yes, they are entitled to the payment plus any interest that has accumulated over the years. The last activity date is if you made a payment or even had a discussion with the collection company. It will drop off your credit 7 years from that date. The only way to know the activity date is to get a copy of your credit report. It is free from Equifax.
What is Minimum Payment?
The smallest amount of a credit card bill that a consumer can pay, to remain in good standing with the credit card company.
