Life is crazy. Everyone is very busy. It's hard to keep up with and remember everything that needs to be done.
That is why you might forget to pay that credit card bill on time. This misfortune goes into your credit
history and lowers your credit score. Fortunately, there are ways to deal with this:
1. If it happens, call credit card company immediately and ask very nicely if they could take it away
for such a good and loyal customer as you. Both times when I was late it worked for me.
2. Pay bill or schedule your bill payment online as soon as it comes in. This is what I always do and
it doesn't (it can't!) fail since I started doing it.
3. If you are confident to always have enough cash in your bank account, schedule automatic bill payments.
I do it for electricity, phone and gas bills and it's 3 things less I have to remember each month.
Thank God for small favors!
4. Set up email alerts in your account for when
- a. new bill comes in
- b. it's 7 days until due date
- c. payment is posted on your account
- d. you are close to your credit limit
- e. purchase of $100 or more is made on your card
These alerts will remind you when it's time to pay and you should never miss a payment again.
Updated: 4/27/2012