CAPITAL ONE Late payment scam Charlotte North Carolina

make a payment on line through your bank to prevent this in the future.

Credit card issuers could be in serious legal trouble with the Feds if they delayed posting of payments as you suggest. Check out Regulation Z Section 226.10 - Prompt crediting of payments. It will give you all the details, but basically, the company must post your payment as of the day it was received if a delay due to handling time would cause adverse effects (late fees, additional interest) on your account UNLESS you do not follow the requirements for making payments (using the payment coupon, writing the acct number on your check, those sorts of things, which are different for every issuer).

Ultimately, though, you don't have any way to prove that they physically received your payment on time unless you pay over the phone, online, or do express or certified mail where you get a signature. But it's pretty ridiculous to think that with all the payments that come into a hige processing center, that some processor making 11 bucks an hour is really bothering to be sneaky and delay crediting your account.

Sometimes, things do actually happen one day or an hour late, and that in itself is no reason to assume they're out to get you. There has to be a cut-off sometime, and sometimes you just miss it. Have you ever missed a flight by 5 minutes? Same idea - just because it was only 5 minutes doesn't mean someone intentionally held you up in security in order to make you buy another ticket or pay a transfer fee.

How do you know when it gets there?