how many days grace period are allowed for credit card payments?
154693
Depends on the card. In my experince there is none. Even if they don't send you a statement, it's still your responsibility to pay the bill on time. If you have a ligitimate reason, they may wave the $25-$55 late charge, but if you had any promotional low APR, it will now be hiked up to 17% (or something else rediculously high).
303829
Just recalculate it each day and compound it again with the new balance that got taken over from yesterday.  Banks typically use 360 days you can use that when compounding.  If the balance is really changing daily, you can probably contact the bank once in a while to sync and make sure you're calculating them correctly.
127650
It does nto matter when the payment was mailed .. it matters when it was recieved, and processed by the company. That is why they typically suggest mailing the payment 10 days prior to the due date. even if you apy your bill online, alot of times it will take 24-48 hours to clear.
1056153
They will issue a warrant if you just let the date go by.  You need to contact them and tell them that you won't have the money by that date, most will extend the time or make some type of payment arrangements.
520718
Yes, they don't have to give you any money today, but they'll have 100 available on monday (the next business day)\n\nGovernment Regulation CC, says banks can place holds on checks. The first 100 to be available the next day. Local checks (by routing number not location, banks can be next door but still non-local) Are to be available in 2 business days unless an expection is made, if it's over 5,000 then the first 5000 is available in 2 days the rest in 7. NON LOCAL checks are different they are the first 5k in 5 days the rest in 11. They are doing this for your protection as well, you would hate to spend 30k and then find out a week later the check was bad.
737209
Yes if you don't have a definite date on the card, your card should be good til the end of the month that says on the card.
821189
Depends on when the company batches their cc sales. Usually with 2 days of the purchase.
474362
All refinance loans have a 3 day recission period (not counting weekends or holidays). If it was a purchase, I think you're pretty much SOL.\n If I were you, I would contact the Lender directly. The Agent wants their money and if your loan doesn't fund, they don't get paid.
68485
Hi - that depends entirely on the payee, with which bank his credit card merchant account is, which point of sale machine the merchant uses-and on how that person does business.  Many credit card merchants do not process their transactions daily-some wait till they have a certain dollar amount or certain number of transactions and then make their 'deposit' of a group of transactions. Others have arrangements for their transactions to be automatically processed (these are usually very high usage merchants).  A good example of this: when you use your credit card at gas stations, regardless of whether it is a holiday or not, you will see your transaction immediately from some stations and a day or two later from others.  In addition, you may see a $1-3 charge on your account that is a 'holder' amount to verify to the merchant's processor that the card used is valid; this small amt vanishes when the real cost of the gas goes through.
175445
You need to look at the original contract with the credit card company.   Generally it's 60 days.
845814
Usually 3 payments . One at september , january and april
287928
The bottom line is you need to know some terms before agreeing to either the credit or debit card. You should know as a minimum: \n\nCredit Cards\n1)the annual percentage rate(apr) _ The annual percentage rate--APR--is the way of stating the interest rate you will pay if you carry over a balance, take out a cash advance, or transfer a balance from another card. The APR states the interest rate as a yearly rate. )\n\n2)grace period to pay the full balance without being charged interest(The grace period is the number of days you have to pay your bill in full without triggering a finance charge. For example, the credit card company may say that you have “25 days from the statement date, provided you paid your previous balance in full by the due date.” The statement date is given on the bill. )\n\n3)if there are any fees(Most credit cards charge fees under certain circumstances eg annual fee, cash advance fee))\n\n4)how finance charges are calculated (The finance charge is the dollar amount you pay to use credit. The amount depends in part on your outstanding balance and the APR. )\n\n5)if there are any transaction charges for such things as balance transfer, late payments, cash advance, going over your limit, etc. \n\n6) Credit limit (The credit limit is the maximum total amount--for purchases, cash advances, balance transfers, fees, and finance charges-you may charge on your credit card. If you go over this limit, you may have to pay an “over-the-credit-limit fee.")\n\n\nDebit Cards\nWhen you pay with a debit card, the money is automatically deducted from your checking account. \nMany people prefer debit cards over checks for two reasons:\n\n-You don't have to carry your checkbook and present identification, but are still able to make purchases directly from your checking account. \n-You pay your bills immediately, unlike when you use a credit card and get the bill later.
400564
Everything that you buy on credit or when to open the account you need to provide your social security number to do a credit check (not only credit card but even the utility bills or cell phone)gets reported to the credit bureau. If you have a report against you that means they reported a late (over 30 days) payment. I know that you do not like to hear this but if you have a late payment over 30 days, that gets reported and affects your credit score. If you only have one payment over 30 days it's not that bad though. Your credit score number gets lowered and the lower the number the higher the interest rate when you apply for credit in the future and if you have missed payments with a pattern of late (30 days or worst, 60 days) payments you might not be able to obtain jobs in certain fields or rent an apartment not to mention obtaining credit... Advice is be as conservative as you can from now on. It is not relevant to pay more than the minimum required amount on a credit card or other loan, so do not think that this help in any way. What is important is to send the payments religiously before the due date ( mail it at least 5 days in advance) or pay by phone or Inet and if it happens that you passed the due date, as long as it is before they issue a new statement, and is under 30 days, pay it even though with penalties. Hope this explanation helps you.
321369
That's not for any purchase.  I believe its only for any contract that you have signed when someone has come to your house.\n\nits a 3 day "cooling off" period.
439877
Depends on the company offering the card.  Check your cc info or call company rep and ask them.\n\nRival
139605
It is very common to offer 2% 10 Net 30, for paying early. That is you are giving someone a 2% discount to pay in 10 days instead of 30, where they pay the net amount.\n\nIt would not then be out of line to charge the same rate for a month. Be sure and give a grace period after the 30 days, people that sent a check two days late will not be thrilled to hear you want another few bucks out of them for late fees. Start charging it after 45 days or something but calculate it back to the 30 days. 2% is about 25% annually, which should be near the limit you would want to charge otherwise it might be considered punative and you may have trouble collecting if someone takes you to court. (it is illegal for a landlord to charge a high late fee if it is punative for example and the expenses for getting the money late can't be shown to affect you that much).\n\nAlso make sure it is on the bid and invoice in the first place. You cant just spring it on them later.
1083982
There are different types of APR (1) Balance transfer APR (2)fixed/variable APR on puchases, (3) cash advance APR.\nRegarding your question, if you use your credit card to withdraw cash, there is no grace period  and the APR will drectly affect you until you pay off the entire cash.  Regarding balance-tranfer APR, the scheme differs with provider.  With the conventional APR on puchases, if you pay in full, you need not worry about the APR.