Recently, a friend called me. She sounded a little upset.
For the very first time, she had missed paying up her last credit card bill. This was very unusual given that she is very particular about paying her bills on time. But such things do happen once in a while.
Her question – “Vipin, I have received the current credit card statement. It has a late payment fee as well as an interest charge. What do I do now?”
“Well, don’t worry!” I responded.
This is not the only case related to use of credit cards. I have come across several others – most as first hand experiences.