Oh no. Have I ruined things

stinky_onions

Oh dear
I've just realised my GE payment is due today and havent paid it, I usually pay it over the net.
I've just tried to phone but they aren't open yet, but even if I do it will still take a few days to reach the account

I can't beleive I've done this
Should I give up now?

Does anyone know just how bad it will be?

clio

Plead insanity and beg for mercy, if you have never missed a payment before you may get away with it.

stinky_onions

Really!

Could that work or are you just kidding me?
I will try it if it could help.

inmypocketnottheirs

If you call them today, you may be able to pay by debit card and be able to get any late payment charge waived.

Good luck!

stinky_onions

Well I phoned them.
I said to the man on the phone that the payment was due that same day, and would there be a fee with the payment being late. He said the payment wasn't late as I was paying by debit card on the due date which I questioned, as I thought He was wrong but He assured me it would be ok, so I just made the payment and left it at that.
I'll wait for the nasty letter to arrive now informing me that I failed to pay on time and for next months statement with late payment fees....Oh and the battering my credit rating will get

dragonfly1977

Virgin did that with me, my min payment was due on 10th. I know that payments usually take around 4 days to clear so when i phoned an explained that i thought my payments wasn't due until 14th (honest mistake) one woman claimed that i would be able to pay immediately by debit card, the only way to avoid the late payment charge. I called back later on that afternoon with my card details only to be told that it would take 4 days to clear the account anyway. It's often the case with CC companies that the left hand doesn't know what the right hand is doing. I have been told that i will be charged on my next statement

stinky_onions

Oh !!!!!!

I' will have to live with it then

Not so much the late payment fee but how it will effect my credit rating

pretzelgirl

tell them you have not been well,and it simply crossed your mind,sometimes,if you usually pay on time they can waive the late payment fee.

trish06

Well i paid my bt by debit card on friday
it showed in my bank it had been taken,but 2 days ago its back in my bank :mad:

and still there now :eek: my bt account is showing unpaid

it would of been quicker for me to take the bill and pay it at the bank

on tuesday afternoon i paid my sky bill at the bank,yesterday my sky account shows they have recieved it,so yes its quicker to pay over the counter at the bank

John_Pierpoint

stinky_onions wrote: »

Oh dear
I've just realised my GE payment is due today and havent paid it, I usually pay it over the net.
I've just tried to phone but they aren't open yet, but even if I do it will still take a few days to reach the account

I can't beleive I've done this
Should I give up now?

Does anyone know just how bad it will be?

Let us all know how you get on.

American company = Wham bam thank you mam, so I would not give much for your chances. (Presumably it is part of General Electric - A big company with more cash flow than it knows what to do with, but I could be wrong).

So that will be 12 quid plus interest? Better overpay it to avoid more interest on interest?

A friend of mine worked in a similar organisation and they referred to their customers as "flowers" or "weeds". You sound a bit of a "flower" - that is someone who pays interest even though you have a good credit rating and don't really need a high interest loan.
(The "weeds" were people who struggled to pay and so cost the bank money micro managing their unsecured loans).

As long as you own real assets, have a half decent regular salary and no obvious big family liabilities, your behaviour may have improved your rating - up until 6 months ago this behaviour would have triggered an automatic increase in credit limit.

The objective of a credit card is to get you addicted to debt and keep you there, so as to extract the maximum amount possible from your regular income stream.

It is a bit like the unholy alliance that allows the government to use the tobacco companies to do the same thing.

Call me cynical. But I would love to be proved wrong, so let us know what happens.

John.

PS Having had a quick look at your previous postings, can I replace "Flower" with "Thorn";)
Those who play with fire, risk getting burnt.