Question re: days past due
Date: Thu, 05/27/2010 - 11:38
I am trying to figure out how the cc companies are determining number of days past due. Is it from the time you made your last payment or from the time your last payment that you skipped was due? Some are telling me we are 150 and I am only showing like 120.
Thanks and best to all!
It should be from the due date of your first missed payment. (e.
It should be from the due date of your first missed payment. (e.g. due date of 1/27/10, you paid, due date of 2/27/10 you missed and haven't paid since - you're 90 days past due today).
Oh don't even bother trying to figure it out. I stopped paying
Oh don't even bother trying to figure it out. I stopped paying all of my cards at the same time, but Cap One had me charging off 2 months before the others would have (I settled them first though). But with Cap One I would call in on a Friday and be 120 days late. Then I would call in on Saturday and be 125 days late. My oh my time flies. LOL I questioned it several times but they never changed it. This went on for some time until they were about 50 days ahead of the other cards.
So the reality is that you have to go with what they say since they are the ones in control.
And I quote "Oh don't even bother trying to figure it out. I sto
And I quote "Oh don't even bother trying to figure it out. I stopped paying all of my cards at the same time"
I concur with the above.
I constructed a spreadsheet to track everything.
These cc's have not a shread of logic.
You've got to use their method of madness.
Regards,
King "Kash" Jabba Labba
