Not exact matches
Be honest here: if you're typically
late on several
payments each year, it's smart to shop around
for low late fees as well as
low interest rates.
This may involve negotiating
for a
lower interest rate or waiving of
late payment penalty
fee.
Using a FICO - boost service,
for example, a mortgage applicant with a history of
late and missed
payments and a
low FICO score in the 500s,
for example, could puff up his or her score well above 700 and be eligible
for the best interest rates and
fees.
Amex & Advanta raised my interest on two cards to over 24 % and
lowered my limit to the balance which I didn't know and had to pay a
fee for going over the balance as well as a
late fee since my
payment is set up to automatically be withdrawn from my bank account.
I think it would be easy
for someone to renegotiate their mortgage, pay the termination
fee, end up with
lower monthly
payments and be congratulating themselves several months
later (having forgotten about the termination
fee) on their clever financial engineering («Hey neighbour, I refinanced and saved $ 200 per month»).
Good payer: Make all your premium
payments on time with no
late fees for 12 months and Farmers will
lower your rates.