Comments on: If a late payment fee is reversed by my credit card company, will I still take a bad hit on my credit report?

By: bigdog

bigdog — Fri, 11 Dec 2009 02:16:54 +0000

should not they let you slide a time or two before that report it most card companies will report every 3 months

By: Bob

Bob — Wed, 09 Dec 2009 01:31:29 +0000

Normally you don’t get reported unless you are 30 days late, i.e. missed a whole billing cycle. However, being late means you were late, regardless of whether the bank charges a late fee or not.

By: Cookie

Cookie — Sun, 06 Dec 2009 17:25:01 +0000

They could still raise your rate and report it to your credit report

By: sukbunny

sukbunny — Sat, 05 Dec 2009 20:59:43 +0000

It probably wouldn’t show up at all..I wouldn’t worry about it.

By: Lab Tech Mike

Lab Tech Mike — Fri, 04 Dec 2009 08:01:38 +0000

Well if they just reversed the fee then yes it will show on your credit report. However if they dont report it as being late then no. I would call and find out.

By: Monica A

Monica A — Thu, 03 Dec 2009 00:55:51 +0000

You have to call the bank and confirm that they will not report late payement to Credit bureaus. They may make consideration for you for the first time but later they would just refuse. Try to set online payment system where you can pay your bills online. I always pay my bills online and rarely use postage.