Indus Times Daily

If you have been charged a late fee on your credit card, you may be able to get it waived by following these steps: - Immediately pay your bill. If you have missed your payment, the first step you should take is to pay your bill as soon as possible. This will prevent further interest charges and penalties from accumulating on your balance. - Check to see if you have received a late fee. You can check your credit card statement online or by calling customer service to verify that you did receive a late fee. The amount of the late fee may vary depending on your card issuer and your balance. - Contact your credit card company and request a waiver. You can call or write to the bank to request that they waive the late fee. You should explain the reason why you missed the payment and assure them that it was a one-time mistake. You should also agree to pay your balance in full or set up a payment plan if you cannot afford to pay it all at once. If you have a good payment history and a low bal

If the bank does not agree to waive the late fee charges on your credit card, you may have some other options to deal with the situation. Some of them are: - Negotiate a lower fee. You can try to persuade the bank to reduce the amount of the late fee or spread it over several payments. You can also ask them to waive any other fees or penalties that may have been applied to your account, such as over-limit fees or interest rate hikes. - Request a hardship program. If you are facing financial difficulties due to a job loss, medical emergency, or other unforeseen circumstances, you can ask the bank to enroll you in a hardship program. This may allow you to lower your interest rate, extend your payment period, or suspend your payments temporarily until you get back on track. - Transfer your balance. You can look for another credit card that offers a lower interest rate or a zero-interest balance transfer offer. This will help you save money on interest and pay off your debt faster. However