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Centurion Member
Not postmarked
Anyone ever notice that credit card statements that are mailed out do NOT show the postmark of the date being sent out?
The statement might show the closing date of the statement, but closing datea and mailout dates can vary between 3-5 days.
Just imagine the amount of late fees these outfits collect because of this since they are also shortening the grace periods.
While we, who have computers can monitor our accounts online, and are able to make payments any time we want to, there are millions of others who do not have computers, and are easy prey for some cc outfits to rob them of loanshark level late payment fees.
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