Comments on: Credit Card Late Payments vs Comcast Late Payment? http://www.askmrcreditcard.com/creditcardblog/credit-card-late-payments-vs-comcast-late-payment/ Latest Credit Card News, Reviews and Information Thu, 20 Nov 2008 07:36:44 +0000 http://wordpress.org/?v=2.6.3 By: Stephen Sprencel http://www.askmrcreditcard.com/creditcardblog/credit-card-late-payments-vs-comcast-late-payment/#comment-15408 Stephen Sprencel Fri, 25 May 2007 18:55:06 +0000 http://askmrcreditcard.com/creditcardblog/credit-card-late-payments-vs-comcast-late-payment/#comment-15408 That's horrible advice. If you have one of those intro rates of 0.0% APR or whatever, a single late payment can end that intro. period and they will charge you the default rate in your next bill plus fees. What's even worse, if you have more than one credit card and you make a late payment, all of your credit cards can charge you the default rates. Read the agreement that you signed when you opened up the account. If I had to choose between getting my cable cut off or having to pay a few extra hundred dollars in intrest and fees across 3 or more credit cards, then take my cable away. The best part about credit cards is the day that you pay them all off, close the acccounts and pay for your life with money that you have saved up. You get a sense of freedom that you will never realize with credit cards. That’s horrible advice. If you have one of those intro rates of 0.0% APR or whatever, a single late payment can end that intro. period and they will charge you the default rate in your next bill plus fees. What’s even worse, if you have more than one credit card and you make a late payment, all of your credit cards can charge you the default rates. Read the agreement that you signed when you opened up the account.

If I had to choose between getting my cable cut off or having to pay a few extra hundred dollars in intrest and fees across 3 or more credit cards, then take my cable away.

The best part about credit cards is the day that you pay them all off, close the acccounts and pay for your life with money that you have saved up. You get a sense of freedom that you will never realize with credit cards.

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