5150
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No, as long as the payment is made within 29 days of the due date, + late fees, you are fine. |
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RedSoxFan
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According to Capital One policy, anything after the due date is 30 days late, as they calculate the days since the credit was received. It is possible that they may report it to the credit reporting agencies, which would definitely damage your credit score. Capital One reports every month, and are notorious for reporting even a few days late payment.
A zero balance is better for your credit score than carrying a balance, and keeps you from paying interest.
You can dispute the late payments if they do appear on the credit file,and they might even get removed. Or, call Capital One and claim you didn't receive your statement on time. Ask for a supervisor if the rep doesn't waive the late status, as a supervisor almost always will. |
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Dan H
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It shouldn't. CC companies won't report anything to the credit bureaus until you are at least 30 days late. |
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DR.PHIL-A-LIKE
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a small mistake like that wont effect your credit enough to stop you from financing a car |
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lelekid4ever
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You will only be responsible for a late fee plus the current balance due. Capital One will only report it as late after your 29-day. Don't do this again, the second time will be reported to the bureau within 24-hours after the Payment is due and they will consider it 30-days late even if you are not. |
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Michael T
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No it will not hurt your credit score. Companies CAN NOT report you late till you have been late for 30 days. |
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Renee W
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You will have a late charge and it probably will go against you on your report as one late payment. But that should go away pretty fast. I used to have late payments all the time because I was sending out the payments two days before the due date. I got my credit report a month ago, and it said on there that I have never missed a payment or had any late payments. I haven't had a late payment in three years. So it goes away pretty quick. Just pay the minimum and the late fee, and don't worry about it too much. Stay better on top of it though. Best of Luck! |
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crazydaisyodu
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you will be fine!! don't panic, it won't hurt your score being so little time late! paying off the balance is good, but try to keep a small amount on the card and each month pay as much as you can OVER the minimum amount due. this makes you look great! i have quite a bit of experience in credit and dealing with creditors, as i had my identity stolen, so i had to learn the ins and outs very quickly! hope this helps! |
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Dirty Birdie
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You can usually pay it late once. Dont pay late twice in a row. |
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Kini
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When you're late on payments it does reflect on your credit. But it happens to everyone. Just don't make a habit out of it and you won't have a problem. |
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Maher
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Yes it will .unless you call them and say some lame excuse. like I didn't receive my statement by mail on time or something. and make sure that you call day time to find some manager who can wave the bad record. |
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da_kouch
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No it shouldnt hurt your credit score. Given that most credit worthy companies only report every three months, you have to be significantly in debt for them to report a negative account. Trust me i know, cause i have absolutely horrible credit. LOL i havent payed my capitol one account or my first financial account in like 3 years. Now that is bad credit!! |
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