Yes, even though you may have paid off and closed your credit card account, there could have been residual interest from previous balances. Residual interest will accrue from the last statement cycle date until the bank receives your payment.

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Generally, unless a cut-off time is specified, payments must be credited on the date received. Check with your credit card company about its policies. For more information, review the Account Agreement provided when the account was opened.

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Yes, if you exceed your credit limit and it was disclosed in the Account Agreement the credit card company can charge you an over-the-limit fee. You should review your Agreement or contact the lender for an explanation.

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Yes, your credit card company can charge you a late fee if either of the following is true:

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If you are paying less than the minimum amount due, then the bank can charge you a late fee if disclosed in the Account Agreement.

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