Yesterday I got a scary notice from Public Service Credit Union. It said "NOTICE OF PAST DUE PAYMENT" in giant letters. Since I don't have any past due payments, I was puzzled, but I opened the letter. It said:
Your loan 03 is now 8 days delinquent. Your payment of $. is due on the 14th of each month. We send this reminder to help you avoid a late fee of $. that will be charged on your account at 11 days past due.
I shook my head at this piece of brilliance. The credit union spent forty-five cents to warn me that I owe nothing and if I don't pay it promptly, I will have a fine of nothing.
Still, I accessed my account online to see what the heck was going on. I knew that right before my paycheck one week, my overdraft account had been accessed. I also knew that I had repaid the account, transferring exactly the amount that the credit union had said was the pay-off. Over. Done. That was it.
Or so I thought.When I went online, I saw that I still owed fifty-four cents. So once again I transferred the amount indicated for the pay-off: fifty-four cents.
Still I wasn't successful in paying off this account. One cent remained on the balance. So I made another transfer: one cent.
After all, I don't want to get another warning that I owe nothing and will be fined nothing if I don't pay it.
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