GE Money Bank - Paypal Buyer Credit Late Fees, Can't Pay on Due Date. RIP OFF SCAM. Newfoundland, Pennsylvania

Pay your bills on time, you will not recieve late fees, your credit will not be reduced.Always blaming someone else for your errors will not correct the situation.    

You make payments either late or by not allowing the required number of posting days (both of which are 100% under your control), ring up a late payment fee and its the credit card company's fault, right?

And those big bad banks and their O/D fees.  People use an ATM card over and over and over without having a clue as to their balance because they don't keep records, and of course its the fault of the bank, right?

O/D fees should be increased to $100 a pop.  Why not capitalize on stupidity!

You have terrible credit as it is with a $300 limit as the initial offer, they reduced your amount due to your payment history.  The website clearly says it takes 48 hours to process an online payment.  This line right here is of major concern:

"Every time I was charged a late fee, I paid on the due date, but had to put 2 days later as their site wont allow you to place that days date."

Everytime?  As in more than one?  So much for educating yourself.  After the first late fee you should have taken note to the timeframe it took for a payment to be processed.  48 hours for processing is certainly not out of the norm, it is a usual practice. 

They dropped your limit because of your inability to pay on time, weather it be financial reasons, or worse yet, because you refuse to learn the system when they tell you what will happen and it did, you were fined, and you don't correct the way you conduct your business with the company that resulted in the same fees.  Then you are supprised when it happens "everytime" you pay on the due date knowing full well that it takes 48 hours to process, that's on you.  And that's probably why you have terrible credit that only alloted you a measly $300 creditline in the first place.

Oh and there's some more bad news for you.  They reduced your credit as you paid to that limit so that you could not put more debt on the card, but also put it at a particular level so you are not instantly put into overlimit again.  They plan on cancelling your account as soon as you pay the debt off.

Here is what I wrote to JC Penney after I (successfully) fought with them over their late fee: