Question about paying off a credit card by switching the due date

I moved my payment date to right after payday and it stopped the late fees, but my friend says it just hides the problem. Has anyone else tried this?

3 comments

3 Comments

the_emery2d ago

Isn't it funny how people act like any simple fix is just "hiding the problem"? If your car has a flat tire, you put on the spare to get home, you don't just stare at it. Moving your due date is a tool that works, and it builds the habit of paying on time. Your friend might be overthinking it.

riley432d agoTop Commenter

Moving a due date can help avoid late fees (which is a win), but it's not quite the same as building the habit of paying on time. You still have to actually pay the bill, just on a different day. The spare tire gets you home, but you still need to fix the flat.

felix_black2d ago

The spare tire thing is a good point. But if you keep driving on the spare forever, you're gonna have a bad time. Moving the date is a good first step, but you gotta check your budget too. It's not hiding the problem, it's just moving the goalpost to a better spot on the field.