Quote:
Originally Posted by AVGWarhawk
What I have seen credit card companies do is mysteriously change you due date. The reason is a person sets in their calender and in the brain when it is due.
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I've only had one card do that - and believe me, I notice, because I have all my regular bills and expenditures programmed into Quicken and as soon as I have a statement, I go in and update that month's listing for the item to reflect the exact amount and date it's due.
I had this card for maybe 15-20 years and the due date had always been on the third of the month. IIRC did get a notice that they were changing the date well before it became an issue for me, but they moved the date back by over a week which pushed it into the same month as the due date from the previous statment with only about three weeks in between the two. I can only imagine that they ended up collecting quite a few late payment fees from people who'd already paid the first statement and thought they had at least four weeks before they had to worry about the next one.