OMG -- Definitely Don't Want To Use CC Anymore!

[robin09]

Credit cards don't turn accounts over to collections for one late payment unless you are under a debt forgiveness agreement.

And they are not permitted to call at ungodly hours.

Something is not adding up. But it is your choice whether you use credit cards or not. I just find that this reason is a little weak.

Umm, don't be to sure... Sunoco called my house and cell when I was 2 days late... for $10.29. I had forgotten I charged it and overlooked it. I thanked them and paid.. I was grateful, and no late fee....

 

[POOHsie]

I had been reading this and being very pro Suntrust Billpay but have found an issue with my Suntrust account over the weekend. I love the Billpay and pay all from the ST website once a month. Most billers can be paid electronically but local merchants and services are paid by a check they print and mail at their expense. I noticed a check they wrote posted twice to my account. Same check, same merchant, deducted twice. It was small so it didn't matter, but that has me worried now about how good their system is......

Funny you mention your story with SunTrust. I had an account with them in the 1990s. I just had regular checking, no Billpay. I got my monthly statement, and usually I never read through it. I did this time, and there was a double entry for a check payment I had made. I called the bank, and they acknowledged it was a bank mistake, and credited back the amount to me almost immediately. After that, I never, ever, ignored my account info again. It was scary to learn that, not only could I sometimes foul up my financials, but the bank could, too! I hadn't known that before.

 

[Riverhill]

I understand where you are coming from.

I have never paid a bill late. Yet last month somehow I managed to completely forget to pay my credit card bill. I still can't figure out how I did that. I have a spreadsheet with every bill and due date. but still I made a mistake.

When I got the call 3 day after the bill was due I felt horrible. I apologized to the caller and immediately paid the bill. I did not like the feeling of being late on a bill.

It wasn't about using or not using credit cards it was about me feeling horrible for risking my credit score for a stupid mistake on my part. Convenience is not worth the risk of me being human and making another mistake.

 

[kmeads]

I use Quicken and use the synch feature at least once a day. Quicken attaches to my bank and to my CC (AMEX) and downloads all transactions which makes it very easy to make sure all the bills are paid. Very handy stuff...