on every bill , the due date is mentioned,followed by instructions to pay on th edue date to avoid late fee etc etc. on numerous occasions i have paid on the due date, but invariably i have been lumped with a late fee charge the following month.does due date mean that your payment should get credited or you simply pay on that dat and drop your cheque at the nearest drop box. will someone please throw some light on this Anupam
RE:due date scam
by Sugato Dutt on Dec 01, 2007 06:44 PM Permalink
The payment should be credited to your card account by Due date, i.e. you should try to give the cheque 2-3 days in advance. If you maintain this practice normally, if on occasion you are late for some reason you can request the bank to reverse late charges and they do it.
RE:due date scam
by Dhruv Pandov on Dec 01, 2007 06:52 PM Permalink
Due date means that your payment should GET CREDITED . So make sure that you drop your cheques atleast a couple of days before the due date. Cash should be dropped atleast 1 day earlier
