@Sabine wrote:i really messed up! I have an old Cap 1 card that I never use... well except that it's the card that I used to autopay go daddy for autorenewal of a domain name that renews every few years... Well I completely forgot about it. I went from having FLAWLESS credit and an 800+ credit score to the low 700's for failing to pay a $39 bill!
I pay $5-10k on my Amex monthly ( I use it for everything and pay in full)... but I forgot to pay a $39 cap 1 bill. I recently also developed a medical condition and was pretty preoccupied, because I normally would have logged on to that statement.How long before my score recovers? Will my Amex, Chase Ink, etc refuse to send me a new card when my current cards expire? Will they lower my limit?
Could I ask Cap1 to remove the late pay?
Thank you!
a single 30 day late?
or longer?
make sure you pay that immediately and call and ask them for a goodwill removal of the late payment from your credit report because of the human error and your long standing as a customer, ask for a supervisor if the first person can't do that
if they say no, (they probably will), start looking up goodwill saturation and start sending letters/emails/carrier pigeons out
most of the credit score hurt for an isolated 30 day late falls off after 2 years, but it will stay for 7 years if they don't remove it
@Sabine wrote:Yes, it's a single 30 day late. I got the notification that my score tanked by one of the credit monitoring services associated with my credit cards... that's how I knew.
I have a chase card that expires in July... do you think they will refuse to send me a new card? Even with a perfect payment history?
Luckily I'm not shopping for a new car or a mortgage anytime soon...
I'll start working on the GW letters... do those ever work?
It's highly unlikely that 30 day late would effect your others cards, maybe CLIs but other than that I would think you'll be OK.
Likely your negative is with Cap1 and they are the most forgiven bank out there.
Pay the balance to 0 ASAP.
They have once a year forgiveness policy, call them to remove the late fee 1st, and then see if they can apply that to late reporting as well.
Always have autopay setup on all of your cards, regardless of usage or not!
EDIT: @FlaDude beats me to it, I second everything he said 
👍
@Sabine wrote:i really messed up! I have an old Cap 1 card that I never use... well except that it's the card that I used to autopay go daddy for autorenewal of a domain name that renews every few years... Well I completely forgot about it. I went from having FLAWLESS credit and an 800+ credit score to the low 700's for failing to pay a $39 bill!
I pay $5-10k on my Amex monthly ( I use it for everything and pay in full)... but I forgot to pay a $39 cap 1 bill. I recently also developed a medical condition and was pretty preoccupied, because I normally would have logged on to that statement.How long before my score recovers? Will my Amex, Chase Ink, etc refuse to send me a new card when my current cards expire? Will they lower my limit?
Could I ask Cap1 to remove the late pay?
Thank you!
Ask Capital One to remove it. They might surprise you.
This is why I'm not a fan of AutoPay.
@citymunkyI don't think auto pay was the issue? I'm not a fan of relying on auto pay as my primary payment, but am a fan of a minimum payment auto pay as a backstop in case I forgot or something came up that kept me from my usual PIF before it's due.
