Here are some of the actions you can take if you have missed your payment options:
Settle the Account : When you realized that you missed a payment a payment then pay it immediately.if you cannot the full amount then pay the minimum required payment.A card-issuing companies report delinquent payments when you are more than 30 days late.Pay the dues before the next bill arrives. However, you must know that there is no guarantee that this will work. There is a chance that the company might report it the moment you fail to pay.
Ask for a Waiver : When you miss a credit card payment, a late fee will certainly be added to your outstanding balance. Late fees can be very high and you should try finding a way to avoid it. Many creditors will be willing to waive your late fee if you have a history of regular payments. Contact the issuing company and explain your situation to them. Try to convince them for a waiver politely. Don’t be shy. Don’t be demanding either. If they don't agree, do not pursue it further. Learn a lesson, pay the fee, and be resolute that the mistake won't be repeated.
Set Reminders : If missing a payment was an accidental one-time issue, then hopefully you already have an organized system for reminders. However, if you notice that you keep defaulting now and then, you need to be more vigilant and find a way to remind yourself. You could put up a monthly bill payment calendar on the wall, listing all the due dates and the minimum payment amounts for all your accounts. This might sound archaic but has proven to be a useful technique that has stood the test of time. I assume you are a tech-savvy person; so you might prefer setting up reminders on your phone. Email reminders could also do the work - you could try FollowUpThen for this purpose.
Settle the Account : When you realized that you missed a payment a payment then pay it immediately.if you cannot the full amount then pay the minimum required payment.A card-issuing companies report delinquent payments when you are more than 30 days late.Pay the dues before the next bill arrives. However, you must know that there is no guarantee that this will work. There is a chance that the company might report it the moment you fail to pay.
Ask for a Waiver : When you miss a credit card payment, a late fee will certainly be added to your outstanding balance. Late fees can be very high and you should try finding a way to avoid it. Many creditors will be willing to waive your late fee if you have a history of regular payments. Contact the issuing company and explain your situation to them. Try to convince them for a waiver politely. Don’t be shy. Don’t be demanding either. If they don't agree, do not pursue it further. Learn a lesson, pay the fee, and be resolute that the mistake won't be repeated.
Set Reminders : If missing a payment was an accidental one-time issue, then hopefully you already have an organized system for reminders. However, if you notice that you keep defaulting now and then, you need to be more vigilant and find a way to remind yourself. You could put up a monthly bill payment calendar on the wall, listing all the due dates and the minimum payment amounts for all your accounts. This might sound archaic but has proven to be a useful technique that has stood the test of time. I assume you are a tech-savvy person; so you might prefer setting up reminders on your phone. Email reminders could also do the work - you could try FollowUpThen for this purpose.
