Tuesday, September 04, 2007

Choking on a $1.83 Credit Card Bill

Yes its 183 pennies.

Today I have to make a money order for $1.83 today for a credit card bill.

I usually pay my credit card bills in money order denominations of $20, $40, $60 and last month I slightly underpaid one of the cards by one dollar and eighty three cents. I usually over pay the credit card bills so to pay them off as quickly as possible.

I called the credit card company. They said I owe them $1.83 and I can skip the payment if I choose to. They also reminded me that according to the terms of service they will tack on a $29.00 late fee and jack up my interest rate from 11% to 24%. I ask them if they can waive it because the amount owed is so small. They were like 'sorry' that when I signed for the credit card, I agreed to their terms of service.

That's how bad they are and yeah I'm choking on a $1.83 credit card bill.

I'm sure many of you have oddities with credit card companies.

Richard