Have you ever had an “Oh, Fvck!” moment?
As I wrote earlier today, getting approved for a mortgage has been, to put it simply, a hassle.
I managed to get free access to my Transunion credit report a minute ago. Nothing terribly interesting, everything I knew… except for one thing.
Way down at the bottom, an account I had zeroed out for this “mortgage” and “rescoring” bit had a balance.
*gasp*
I logged into my credit card, and sure enough, it had a FIFTY dollar balance on the account.
Why?
Despite my several thousand dollar payments, I had apparently missed one autodebit. So my ReplayTV billed me at the end of last month for $10. Where did the rest of the balance come from?
Since I didn’t have a zero balance at the end of the billing cycle, they take the average of my account balance over every day and apply the APR. I got billed interest for my paid off balance!
*grumble*
In this case you could call and explain the situation. My mom did that once: it was obvious she had intended to pay off the whole thing, so they were nice about it and just waived the finance charge. The question is… did your payment arrive before the auto-charge? You might just try explaining the whole deal about how you forgot. Sometimes they’re nice, especially if you’ve been paying interest like a good little minion up to that point.
Well, it’s good to know someone reads my ramblings! I’ll keep you (just keep making me brownies).
My payment hit two/three WEEKS before it was due. I don’t know at this point that it’s worth fighting over — it’s been a while since it happened now (almost a month), and, well, I’m lazy. 🙂
Also, it won’t make any difference in the mortgage application, so it’s a push.