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05-05-2016, 03:17 PM #1
Discover increasing late fees and returned payment fees
FYI community, Discover is increasing its late fee and returned payment fee to up to $37 as of July 1, 2016.
As of that date, the late fee will be no more than $15 for balances under $100, $27 for balances from $100-$250 and $37 for balances over $250.
So even better reason to avoid those late fees.
05-06-2016, 11:43 AM #2
There is no excuse for making a late payment.
05-06-2016, 06:56 PM #3
05-09-2016, 08:11 AM #4
Does this mean Discover has done away with their late fee forgiveness program?
05-09-2016, 11:26 AM #5
- No late fee for your first late payment
- Paying late won't raise your APR
They are just raising their fees to help further discourage those who habitually pay late from such irresponsible behavior. (And maybe to make an extra buck or two.)Bad Credit? Read This >> The Ultimate List of Resources For Building Your Credit
05-11-2016, 07:29 AM #6