Why did my credit card issuer increase my late payment fee?
The first time you are late, the credit card company can charge you a fee of up to $28.
If you are late a second time within the next
six billing cycles (typically a billing cycle is a month), the card company generally
can charge you up to $39. However, the late fee can never be more than the
minimum amount due.
Take the next step
Tell your story
Tell us your story, good or bad, about your experience with consumer financial products.