A single late payment fee will cost you as much as paying a full year of interest on that balance.
Not exact matches
In one case a bank charged an elderly woman $ 465.36 in
late fees and charges for missing a
single $ 554.11 mortgage
payment!
A
single late payment may even add additional
fees to your credit card bill and dramatically increase your interest rate.
The simple fact is that you will be charged a
late fee if your
payment is
late, regardless of how
late it is; even a
single day
late counts as a
late payment, so be sure to pay on time or, perhaps, even early.
If it's a
single late payment, most credit card companies will be willing to waive the
late payment fee and restore your account to its former glory.