REASON #430 NOT TO PAY YOU CREDIT CARD
MISTAKES AT THE POST OFFICE HAPPEN
I had a personal experience recently that I thought I should share with everybody. It was a small thing, but it could potentially happen to millions of people.
HERE GOES:
I was looking through my mail last week, and noticed that I received a SEARS Canada bill in the mail. Not having a SEARS card, I took a closer look and noticed that it was for a family down the street. Their street address looks close to the same as ours and the Canada Post must have made a small error in delivering it to us.
It took me a few days to walk it over to the fellows house. I thought that maybe I should just have put it in a mail box and then let Canada Post deal with it, again.
After thinking about it again, I thought that if this person didn't get his bill on time, he might not make his payment on time. Then SEARS would put a mark on his credit report for late payment. It's possible for the bill to NOT be paid because people get busy and pay their bills from their statements.
I can't imagine that SEARS Canada would understand that this person's bill was mailed late, and that if it wasn't paid on time, he would get a nasty late payment mark on his report. I don't think Equifax Canada would remove this type of mark from a person's credit report.
Being that the mail is sorted by hand, this type of error is likely to happen quite regularly to many people in Canada.
While nobody really wants to get their monthly credit card bills, it still important that you pay them as you normally would.
TIPS:
If you don't get your credit card bill for any reason, make sure you contact your credit card company and let them know about it. Ask the credit card company what the minimum payment would be and then make arrangements to make that payment.
This is the best way to keep your credit score high and your credit report squeaky clean.!!
MISTAKES AT THE POST OFFICE HAPPEN
I had a personal experience recently that I thought I should share with everybody. It was a small thing, but it could potentially happen to millions of people.
HERE GOES:
I was looking through my mail last week, and noticed that I received a SEARS Canada bill in the mail. Not having a SEARS card, I took a closer look and noticed that it was for a family down the street. Their street address looks close to the same as ours and the Canada Post must have made a small error in delivering it to us.
It took me a few days to walk it over to the fellows house. I thought that maybe I should just have put it in a mail box and then let Canada Post deal with it, again.
After thinking about it again, I thought that if this person didn't get his bill on time, he might not make his payment on time. Then SEARS would put a mark on his credit report for late payment. It's possible for the bill to NOT be paid because people get busy and pay their bills from their statements.
I can't imagine that SEARS Canada would understand that this person's bill was mailed late, and that if it wasn't paid on time, he would get a nasty late payment mark on his report. I don't think Equifax Canada would remove this type of mark from a person's credit report.
Being that the mail is sorted by hand, this type of error is likely to happen quite regularly to many people in Canada.
While nobody really wants to get their monthly credit card bills, it still important that you pay them as you normally would.
TIPS:
If you don't get your credit card bill for any reason, make sure you contact your credit card company and let them know about it. Ask the credit card company what the minimum payment would be and then make arrangements to make that payment.
This is the best way to keep your credit score high and your credit report squeaky clean.!!
