Sometimes You Just Have To Ask…

I made a mistake last month, I forgot to pay my Mastercard.  The beginning of a new month is my regular reminder of my Mastercard due date so I’ll quickly find out the balance and pay my bill.  I realized on the 7th of the month of my error – Horrors!  I’ve shared in the past how I pay for almost anything I can with my mastercard in order to earn points and we had paid for our vacation on the bill so it was a significant bill, one you wouldn’t want to miss paying!

Today, I logged on to check out the damage, oh yes, and to schedule my upcoming bill for the beginning of next month (don’t want to learn that lesson twice).  Ouch, it hurt.  We have an interest rate of 19.99% so I don’t like to pay interest.  I don’t have an allotment in my budget for interest payments so what am I going to do with the $70.00 charge.  I quickly called the bank to ask if they’d please give me a discount on the interest as I normally pay my bill on time.  She said that she acknowledged that we’ve never paid our bill late before so for one time, they would forgive this interest and would only charge me a small fee for the three or four days I was late with the payment.  I cried, I was so pleased.

Presidents Choice Financial, I thank you, thank you, thank you!

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One thought on “Sometimes You Just Have To Ask…

  1. Glad to hear the news! I’m currently in the process of paying off a credit card and the interest is the real killer. It took me a while to understand, but the interest is what actually makes you pay far more than what you originally spent. For that reason alone, I’m strongly considering paying off my balance in 2-3 lump sums. It was my first (and last) card and the balance isn’t extremely high, but I’m not trying to spend the next two years paying it off either.

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