New York, NY (PRWEB) October 10, 2013
National Debt Relief brings back the focus on credit cards and this time, they tackle one of the least discussed problems: due dates. In an article published on October 6, 2013, the debt relief company published “Credit Card Due Date Problems? Here’s What You Do.”
The article begins by discussing how credit card debt can be difficult to manage especially when the consumer has multiple accounts. National Debt Relief encourages consumers to be more responsible by knowing and understanding everything about credit cards.
With the intention of giving a holistic education when it comes to credit cards, the article focuses on the due date that can also contribute to the late payment problem of some card holders. This date is defined as a monthly calendar date that indicates the deadline when the payment for a billing statement is to be received. Failure to do so will cost the cardholder late penalty fees. The article explains that this will increase the finance charges that will be imposed on the current balance of the consumer.
One of the issues with credit card due dates that the article wants to discuss is when the day falls on a weekend, holiday or any non-banking day. How will the consumer pay for their dues in time when their deadline falls on a non-banking date?
The article explains that in the past, credit card companies allowed consumers to pay their dues the first banking day after the deadline. But now, with online banking and automatic payments possible, they rarely allow this anymore. So what can consumers do to keep the due date from making them late on payments?
One solution that the article discusses is to pay the dues before the deadline. This takes some getting used to but the consumer can pay their dues as soon as the billing statement arrives. They also advise that consumers who send through mail must do so a few days before the actual due date. Card holders can also keep themselves from missing their due date if they set up an online payment option. This will allow them to pay their dues even if it is a non-banking day. That is because they are allowed to pay anytime - as long as there is an Internet connection.
The article also advises consumers to change the due date of multiple credit card accounts into one and to ensure that it will be on a date that is after their paycheck. That way, their bank accounts are full. It is quite easy to do this because the cardholder only has to make a call to the creditor to ask for the change.
To read the whole article, visit this page: http://www.nationaldebtrelief.com/credit-card-due-date-problems-heres/. Consumers are also encouraged to browse through the National Debt Relief site to learn more about credit cards and how to solve credit card debt problems.