Weve had a pretty chaotic last couple weeks on the Pesqueeb homestead and somewhere in chaos we missed a payment on the line of credit I used to purchase my motorcycle. We realized our mistake 2 days late and paid the bill, plus the late fee. It was our mistake so I don't really have an issue with that. Yesterday I get a nasty gram from the bank saying
Because they hold my mortgage I cant exactly move my business elsewhere, which is what I want to do, the implication that somehow Im a deadbeat and a bad financial risk really pisses me off. I was only two days late, will it effect my credit rating? Any thoughts on recourse with the bank?
Needless to say this fvcking smoked me off because Ive never been late before and we pay extra against the principal every month. Ive had my checking with this bank for at least ten years, they hold my mortgage that I pay 250 extra on every month, always on time; and the one time I slip on a small line of credit payment they are going to treat me like a deadbeat? It fvcking pisses me off.Because you have not consistently paid the minimum monthly payment on or before the due date we have reduced your credit limit to $4500 (down from an original $5000)
Because they hold my mortgage I cant exactly move my business elsewhere, which is what I want to do, the implication that somehow Im a deadbeat and a bad financial risk really pisses me off. I was only two days late, will it effect my credit rating? Any thoughts on recourse with the bank?