We messed up Technically, it was SO, but we're in this together, so I'll say we. To be fair, it was an honest mistake. Apparently, Navy Federal has two account numbers. On NYE, he set up the rent and Verizon payments. He used the account number listed on our bank statement. Yesterday, we found out our rent payment was returned and since it was now past the 5th, we also owed late fees in addition to the insufficient funds fee. The account number on our check is different from the one on the statement... We immediately called Verizon to see if we could back that payment out before it got returned, but we were unfortunately too late. Verizon wouldn't do anything about the insufficient funds fee (20), but I was able to resubmit the payment in time to avoid late charges as it was due yesterday. I spoke to the apartment manager yesterday and he said he'd see about getting each of the charges halved (it was $40 for the returned payment and $212 late fee). As of yesterday, the returned payment fee was halved. I'm not sure if that means they won't be reducing the late fee or if they're waiting for my payment to clear first/still deciding. I'll follow up with it in another day or so.
As for the furniture, the mattress delivery was cancelled due to weather (not their fault, but still extremely frustrating...). Rescheduled delivery is tomorrow. But the awesome news, we invested in a couch (12 months 0% interest) and weren't expecting it for about a month, but I just received a call that it was in!!! Delivery is scheduled for Saturday. Payments for the couch are out of our joint account, and I plan to pay it off in 8 months just to be sure there are no residual amounts by the year mark.
So, by the start of next week, we should have our bed, couch, and my dog!!
Financial flub and furniture updates
January 7th, 2015 at 04:42 pm
January 7th, 2015 at 05:23 pm 1420651382
January 7th, 2015 at 05:27 pm 1420651622
January 7th, 2015 at 06:15 pm 1420654542
January 7th, 2015 at 06:17 pm 1420654673
PatientSaver, I thought it was insanely high too. I was particularly upset because had I known sooner that it had declined, I would have immediately repaid it correctly and would have been able to avoid the late fee. And you're absolutely right...investment was a bad term. I simply meant that we purchased one intending to be a long-term piece for us (as opposed to my Ikea loveseat that we're currently using...).
January 7th, 2015 at 10:13 pm 1420668801
January 8th, 2015 at 12:22 am 1420676573
January 8th, 2015 at 06:31 pm 1420741902
FrugalTexan, I know, right!! It's 15% of my rent. I'd thought it was steep when reviewing the lease, but since I never planned to pay late, it didn't seem like that big a deal. Rest assured, I will now submit payments on like the 20th, so I can be absolutely sure everything is set by the 5th...