Originally Posted by
Schnit
In my experience they can only waive penalty or interest but not both...and only once a year
Depends on your relationship with them. If you are a big customer in all areas of the bank who pays their bills on time, then they will be much more foregiving than if you aren't.
It's been many years but the one time we missed a payment they did foregive all charges.so a phone call wouldn't hurt.