I admit it. I forgot to pay my credit card bill back in June. By the time I realized what had happened, my payment was 10 days late. Unfortunately, it’s been three months now and I can’t seem to get off the credit card interest rollercoaster.
I’ve received good advice in the past to just call the credit card company and get them to reverse the interest because this was a simple mistake. I didn’t bother because the amount was small, and I felt like I deserved my fate.
Initially, in an attempt to get back on the straight and narrow, I found out what I owed in total (including recent purchases) and paid a little more thinking that that would end the interest cycle. When the next bill came it had interest on it again. The amount was even smaller, but still annoying.
Once again, I found out my total amount outstanding including recent purchases and paid a little more. Once again, this month’s bill has interest on it. The amount of interest is smaller still, but somehow more annoying.
It’s time to try something different. I’ve already paid enough to cover the bill plus recent purchases plus a buffer of about $13. My plan now is to not use the credit card again until they stop charging me interest.
I doubt that this is what the credit card company had in mind when they set the rules that seem to make it impossible to get out of the cycle of interest, but it’s a game for me now. I have no problem paying cash for a while.