Post # 1
We have an apartment near DH’s work since it is 90 miles away. DH wrote a check for the rent on 6/28 and believes he turned it in. I asked him on 7/1 and he said he already paid it. It was due 7/5. We just got a late notice saying that they didnt receive it and we have an extra fee and have to pay the rent and fee in a money order within 3 days. The check has not been cashed. DH is getting the money order today, but I am so mad that:
1. This is probably their fault and we have the extra fee and hassle factor
2. I am worried about our credit. DH’s is ok, mine is great. The apartment is in both of our names. We plan on borrowing money within the next few years to build our dream house.
Please give me some advice and reassurance!
Post # 3
Probably not at all. Call your rental company back; tell them that you’re sure you turned the check in, but that it hasn’t been cashed yet (give them a check number), and that you’ll be happy to get the money order to them as soon as possible. They will probably waive the late fee, and I guarantee you that they won’t report you to any credit bureau. Just stay nice with them (either in person or on the phone).
Post # 4
It’s not too bad. If you don’t have a reciept, you might be stuck with the late fees unless they find your cheque. Most places don’t report a late payment until they have contacted you and still don’t get their money.
Post # 5
DH took care of it- we are stuck with the fees but no report to the credit bureau. All in all, not terrible. Thanks!
Post # 6
Glad to hear it worked out! It sucks about the late fees though. I got caught once paying those too, I just got busy and I completely forgot to go pay until it was too late. I wish the rental companies were a little more lenient when it isn’t a common occurance (or in your case, a lost cheque).
Post # 7
They can’t report you to the credit bureau until you are 30 days late. There isn’t a category in your gredit report for payments made less than 30 days late.