Payment due date

[CADisneyMom]

Does anyone know if you can change the payment due date on both the contract and the maintenance fees? Right now my maintenance fees are due on the 1st and my contract payment is due on the 15th. Here is the problem, I get paid on the 5th and the 20th so I really want to change when the payments come out to then so that I remember to take it out.

 

[Nikisha421]

When I called to change my payments I was told something to the extent that payment dates could change a little...both of my payments used to be due on the 15th...to change the mortgage payment date you have to pay a fee of $75...you are allowed to change the dues payment for free...I dont believe I was given an option on the dates that they were willing to change it to...I believe the 1st and the 15th are the only dates you can have for payments....

 

[CADisneyMom]

Thanks for your help. I guess they think that everyone gets paid on the 1st and the 15th. Used to get paid like that but then paychecks would get messed up if you worked less hours or more hours, you really had to keep good records of what you worked so they didn't screw you out of money. I like the 5th and 20th because then I know it's right (99% of the time anyways).

 

[YourEveryDayAdam]

You are able to change the payment date. I have done so. I changed my payment date from the 15th to the 1st, since I get paid the last business day of the month. However, the only options for payment dates are the 1st or the 15th of each month.

As someone had already mentioned there was a fee to do so... I was told about the fee, but I wasn't charged the fee.

There is just a form they send you. You sign it and send it back. takes a few weeks to process.

 

[bumbershoot]

I'd been wondering the same thing, b/c we get one paycheck on the last business day of the month, and waiting for the 15th to arrive just BUGS me. But I have no interest in paying $75 (and even if it's been waived for others, I rarely get that sort of luck, so I'm sure I'd be paying it) just for my mental convenience, LOL.


OP is there anyway to get yourself ahead of "yourself"? So the check on the 20th is paying for the bill coming in on the 1st, and the check on the 5th is paying for the bill on the 15th? Right now it seems like you're scrambling, but I wonder if you can slowly get yourself ahead of the payments.

 

[CADisneyMom]

The payments come out automatically otherwise I would just make the payments myself on the 5th and the 20th. I'm not sure if I went ahead and made the payment through the website on those days if it wouldn't be coming out again on the 1st and the 15th. Any thoughts from anyone?

 

[Sandisw]

The payments come out automatically otherwise I would just make the payments myself on the 5th and the 20th. I'm not sure if I went ahead and made the payment through the website on those days if it wouldn't be coming out again on the 1st and the 15th. Any thoughts from anyone?

If you do that, you have to call and ask them to suspend the payment and hope they get the information in time.

In addition, the interest rate is higher if you stop the direct debit so changing it to paying on your own would cost.

Is there any way you can come up with an extra month's payment and keep it in your account as a cushion? This way, the money that goes in on the 20th would actually be for the following months payment on the 15th.

Just a thought!

 

[Checkers]

Don't know if this would work for you but if I have an auto-payment coming out of my check, I deduct it as soon as I get my check -- enter it in my check register and then mark it as being paid when it shows up as being deducted. That way I know the $ is there and I have already deducted it from my balance. Has worked so far for me.

 

[CADisneyMom]

That's probably what I will do is deduct it on my paycheck. So on my 5th paycheck I would deduct the contract payment and on the 20th paycheck I would deduct my dues but I would actually put it as cleared so that I don't just go off what my balance says when I call. And if by chance I have some extra money, yeah right like if any of us has extra money, then I would make another payment on the dues to pay that off early and then do it for the contract.

Thanks everyone for all your input.

 

[PrincessMom4]

We just picked the 15th as its easier.