Annual Dues Question!

[I.heart.disney]

Hey guys! Sorry if this takes too long, but I'm new to everything DVC and am sooo confused right now!!!!!

We just bought a DVC for AKV on our last trip to WDW this January!!!! When we signed we decided on doing the direct debit and monthly annual dues. The only thing we had to do was send a voided check to member accounting once we where back home! (easy right!?)
We got back home and settled a new account that would be only for our DVC, did a voided check and mailed it back to them.

This week (on Tuesday) I received a letter from them stating there had been a problem with the direct debit and that payment method for our membership would be changed to a monthly ticket or something like that (I dont remember which term it was used sry!) and our interest would go up 1%, UNLESS I called before Feb. 26!
So I thought to myself great I'll just call and settle everything up no prob!
But as always I tend to procrastinate on everything and still haven't called to settle this up.

**FastForward to yesterday**
I get my mail and see a envelope stating statement enclosed. I open it ASAP and see its a bill for my 2008 annual dues! I got all confused since I thought these would be deducted monthly from my bank account. They state they payment is due March 1! And that I can pay online or through mail. I called Member Accounting to see if they could clear up my questions but they're closed until Monday. Now I'm all stressed out and can't stop thinking about this thing.

My question is...
If I pay online with my credit card, will I still have to pay monthly for my 2009 dues??? How does this work??? Im soo confused!!! Could I have a 101 course from you guys!!!!!

Could all of this be happening because I have a reservation for next week and dues should be paid by then?


Thanks sooo much!!!!!!!!!!!!!!!!!

 

[Chuck S]

It sounds like they tried to do a debit, and for some reason it didn't go through, so they are billing your dues and monthly mortgage payment directly. Once your dues are paid for 2008, whether monthly through debit, or in a lump sum via credit card, they are paid. You will still owe the mortgage payments, though.

For your 2009 dues, if you can get the problem worked out, you can go back to monthly direct debit, or pay in full.

I assume you use US based branch banks, but since you aren't actually a "state" do some sort of special banking restrictions apply?