Ok today was the day i was suppose to make my first car payment on my new oz, well yea i payed it over the phone a day ago and the balance still hasnt changed and the web site says that i missed the payment, so i guess my main question to anyone that has had this happened what could be going on and what will happen now?

im 18 and this is my first real car....

 

you shouldnt come so close...i would call them...but the payment prolly didnt clear

 

like you mean i dont have the amount i need in my checking account?

 

someties it take a couple of days for it to clear....they usually give you a couple of days to clear the payment though...im not sure why it already said that you missed it..check on tuesday everything should be updated by then

 

b/c its a computer not a human... idk if there are any efficient computers.. altho i do spend most of my time on them / fixing them....

 

Payments over the phone usually take a couple of days to be posted. It shouldn't incur a late charge because you paid on time, but it won't post to your account until the following WORK day. It's a weekend, bankers hours start at like 7am Eastern on Monday.

 

wow man your paying for your car already you gots to be working a lot but yea it takes a few days for it to clear don't worry about it. Just call the banker if you need some more comfirmation.

 

Don't worry, s*** like that should not show up on your credit history.
It always happens like that, I have to checking accounts and one time I
took out some money and overdraft one of them.
So I deposit money and the current balance was allready negative so they wanted
to charge me $70 fee but they noticed when I deposit money so
they couldn't do anything.
hehehe

don't worry man it's going to be fine

 

How much is your payment? WELL EVERYONE CAN ANSWER THAT??? I pay $220 a month, not bad, well at least i dont think so!

 

double that! but then again ;-)

just like everyone is saying, relax it's no big deal, but always try to pay BEFORE your Due date and pay a little more than the Minimum Required Payments, You'll Finish Quicker.. Like try to make payments every Three weeks instead of Four!

 

on my statement it says its due bu the 9th every month but if you look closer it says a late charge may occur if not recieved by the 19th so i dun think you need to worry

 

I completely forgot to make my last payment. Nothing will show up on my credit history, but I did have to pay a $24 late fee, which made my total bill for this month $966 (ouch) it's ok, I'll have it paid off in another 2 years.

 

I've never forgotten to make a payment, nor have I ever been late with a payment. I still have a loooong time before it's paid off however.

 

Yeah, you get a grace period in-between each payment. It is only 7-10 days. Just don't make a habit of cutting it close. You could forget or something and then the 2-3 days of clear would put you over the grace period.

LaraLancer