What can you do if on the very rare occasion you are late one time on a credit card monthly payment?
What will be an ideal response?
Call and ask for late fee waiver. If you are late on a payment, call the company and ask to have the late fee waived. Let them know that you regularly pay your bills on time and that this was an unusual case. In addition, let them know you expect no increase in your interest rate. If they are reluctant to agree, take your business elsewhere. Remember, you are the customer. You are the boss. There are a lot of other companies out there that really want your business. Of course, this works only if you pay your bills on time. If you make a habit of late payments you will end up paying a lot of money in late fees, see your interest rate rise, and damage your credit score, and the credit card company will be very unlikely to work with you. If you are in good standing you have a much better chance of getting better terms from the credit card company than if you abuse or misuse your credit.
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