Comments on: Do You Pay Payment Fees?

By: Karen

Karen — Sun, 11 May 2008 04:14:47 +0000

Heidi: You’re right. Paying credit card payments late can increase your interest rate really quick. This is especially true for those that have a special introductory rate. One late payment could take your interest from 0% up to 21% or more. It’s crazy!

Thanks for dropping by and commenting!

By: Heidi @ Carolina Dreamz

Heidi @ Carolina Dreamz — Sun, 11 May 2008 03:09:03 +0000

I also consider that a late payment could increase my interest rate, on a credit card.

That rate increase plus a one-time fee is usually a higher risk than the immediate payment fees.

I’ve had to pay $14.95 for an online payment to be posted the day I was there, too.

That fee was enough to keep me more date organized, though.

I wish my utility companies all had online bill-pay. This is 2008, right? *smile* The joys of small town living.

~Heidi

By: Lindsey

Lindsey — Thu, 08 May 2008 20:56:09 +0000

I’ve had to pay them in the past, but I avoid them like the plague.

I think our credit card phone payment fee is 15.00. The cable company has theirs at 10.00, and the utility company has theirs at 4.00. No thanks.

By: Veggiemomof2

Veggiemomof2 — Thu, 08 May 2008 20:42:01 +0000

Unfortunately we use to pay $15 for Western Union when we were behind on car payments, but I am happy to say those days are behind us!

I do use free online bill pay through my bank & some of my utility websites. Very rarely do I send bills in the mail anymore. I am also happy to say we do not receive $ in the mail either unless it’s a small rebate check.

By: Kristina

Kristina — Thu, 08 May 2008 18:49:13 +0000

I only pay those fees if the bill was due today and I’ll be assessed a late fee other wise. If I’m not getting penalized I just do it through my bank account.