My little passion for bad credit credit cards
Being even a day late (or, for some student credit cards, an hour late) will saddle you with late fee of $35 or more, and the credit card company could raise your interest rate. Setting up automatic payments through an electronic checking account can prevent late payments. And if you make a mistake and send a payment in late, call the credit company right away and ask whether they will waive the late fee and the interest rate hike. Issuers frequently forgive an occasional slip up on the part of an otherwise good customer. * Examine your credit report several times a year for incorrect information.