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onehandle

(51,122 posts)
Mon Feb 23, 2015, 09:59 PM Feb 2015

I just got a credit card statement that tells me it is due on March 15th at 8 p.m. ET.

Never noticed a time associated with a bill. I would assume that March 15th would mean by midnight.

Banks will do anything to levy a fee. My guess is that has to do with more and more people paying online, possibly up to the 'minute' that bill is due. I pay all of my bills online. Usually days or weeks in advance because banks are our enemies and I don't trust them.

Time for an new round of extreme banking regulations.

Wait... Voters lost Congress, the last word in regulation, in 2010.

Oh well...

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
I just got a credit card statement that tells me it is due on March 15th at 8 p.m. ET. (Original Post) onehandle Feb 2015 OP
One of my cards has a 5 p.m. deadline nt LiberalElite Feb 2015 #1
Oy! marym625 Feb 2015 #2
It's been that way for a while. zappaman Feb 2015 #3
That's true for payments, but on the upside, we get to sleep three hours longer each day . . . Journeyman Feb 2015 #4
I'm at the office at 8:30 a.m. and I need you now, but I don't hear from you until Noon!!! onehandle Feb 2015 #5
At least you got it now instead of March 14th. hughee99 Feb 2015 #6
They have to have a cutoff sometime Travis_0004 Feb 2015 #7
Thanks for the heads up. I almost always pay well ahead of the due date, but I'd Dark n Stormy Knight Feb 2015 #8
And then one month it will be 6 p.m. and they'll make a million dollars in late fees... hunter Feb 2015 #9

onehandle

(51,122 posts)
5. I'm at the office at 8:30 a.m. and I need you now, but I don't hear from you until Noon!!!
Mon Feb 23, 2015, 10:15 PM
Feb 2015

Lazy West Coasters!

hughee99

(16,113 posts)
6. At least you got it now instead of March 14th.
Mon Feb 23, 2015, 10:26 PM
Feb 2015

I got a cable bill in the mail 2 days after it was due. Thankfully, I had it on auto-pay a week before, so I didn't have to deal with the horseshit.

 

Travis_0004

(5,417 posts)
7. They have to have a cutoff sometime
Mon Feb 23, 2015, 10:26 PM
Feb 2015

I guess this doesnt bother me. Plus I was late paying a bill one time and I got the late fee reversed after one phone call.

Plus my card I use the most has no late fee. They have high standards and will cut you off if you pay late but there is no fee.

Dark n Stormy Knight

(9,771 posts)
8. Thanks for the heads up. I almost always pay well ahead of the due date, but I'd
Mon Feb 23, 2015, 10:42 PM
Feb 2015

assumed I had up until 11:59 PM on the due date to pay. I ever need to cut it close, this will be important.

hunter

(38,322 posts)
9. And then one month it will be 6 p.m. and they'll make a million dollars in late fees...
Mon Feb 23, 2015, 10:52 PM
Feb 2015

... from people who were not paying attention.


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