Some issuers will be flexible and change the date, but some will offer resistance. Don't be afraid to negotiate. Be specific with the customer representative about why you want to make the change. For instance, if changing the due date improves your cash flow, state this clearly to the customer representative. Explain how improving your cash flow enhances your ability to make your credit card payments on time. Credit card issuers may like getting the extra profit from late fees, but having cardholders who can make their payments on time also saves them the headache of trying to collect late payments.
- I would like to replace a few high APR cards with better rate cards, but I know that we are supposed to limit how many cards that we have and closing them is a bad idea. What should I do?
- What happens when someone dies with credit card in their name and an authorized user continues to use credit card?
- Can you explain the difference between chip-and-pin and chip-and-signature?