On May 5, I received a statement from a local department store saying that payment is due May 17. That’s 12 days from May 5.
Allowing three days for delivery of my payment, that leaves nine days for me to mail the payment.
Not too many years ago, a person was allowed 30 days to make a timely payment. Supposing I was out of town for a short vacation, how could I ever make a payment on time?
Is it possible that this creditor is trying to generate late-payment fees?
I notice other credit cards allow a period of up to 21 days for the recipient to respond.
Just how many days, from day of receipt to date of mailing, does a recipient have to get the payment off in the mail in time to avoid a late-payment fee?