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Maybe nothing. It depends upon whether the credit card company reported the delinquent activity to the credit bureaus. If it was a one-time issue (and otherwise you're always on time with your payments) you can contact the credit company to ask that they waive the late payment fee as a customer courtesy, just explain it was an oversight on your part and won't happen again. You can also ask if they reported the missed payment to the credit bureaus, or run your credit report to find out yourself.

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17y ago

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Brigette had a previous balance on her credit card of 1234.89 She was assessed a 1.4 percent finance charge She made a 59 payment 15 days later Again she was assessed a 1.4 percent finance charge W?

1209.87


How do you finance a car with bad credit?

Sometimes you can still finance a car from a dealer with poor credit but with a higher interest rate. There are also independent car lots that will finance a car for you. The only drawbacks from an independent car lot is they usually charge more interest and down payment.


Calculate the finance charge on a credit card balance of 3299.19 at a monthly rate of 1.2.?

To calculate the finance charge, multiply the credit card balance by the monthly interest rate. For a balance of $3,299.19 at a monthly rate of 1.2% (0.012), the finance charge is: Finance Charge = $3,299.19 × 0.012 = $39.59. Therefore, the finance charge for that month is approximately $39.59.


The dollar amount that is paid for the credit?

finance charge


How do you figure finance charge for a loan?

* Interest (Finance Charge) is charged on every loans and credit card accounts that are not paid in full by the payment due date The Finance Charge formula is:Average Daily Balance x Annual Percentage Rate (APR) x Number of Days in Billing Cycle ÷ 365 * To determine your Average Daily Balance:


What is The dollar amount you pay to use credit?

Finance Charge


Is there a minimum finance charge on either of the major credit cards?

No


Difference between buyers credit and letter of credit?

Buyer's credit is extended to finance the purchase of goods or services. A letter of credit guarantees that a payment will be received. If the buyer doesn't make a payment, the bank has to pay.


What is done with the finance charge assessed by a credit company?

added to the balance


How is finance charge calculated?

Finance charges are applied to credit card balances that aren't paid before the grace period. Different credit cards calculate finance charges in different ways.


What is the total dollar amount a person pays to use credit?

finance charge


What is done with the finance charge assessed by a credit card company?

added to the balance