Ultimate Guide to Getting Credit Card Late Fee Waiver and Finance Charge Waiver
Credit cards are incredibly convenient — but they can also become expensive very quickly if you miss a payment.
A single late payment can trigger:
– **Late fees**
– **Finance charges**
– Interest on new purchases
– Possible overlimit fees
– Negative impact on your credit profile (if prolonged) — repeated late payments or carrying high balances can lower your credit score, which affects your ability to get loans, mortgages, or other credit in the future.
The good news? Some of these charges are **negotiable** if they are not frequent (within reasonable doubt, for example: you forgot).
This ultimate guide will show you how to reduce or eliminate late fees and interest charges, step by step. But first let’s define:
