What To Do When You Can’t Pay Your Wachovia Bill
Wachovia is a bank that issues credit cards, as well as a variety of different loan types. The bank most recently merged with Wells Fargo. If you are having trouble paying your Wachovia credit card bill, you are not alone. Here is some information that can help you.
How To Pay The Bill
Wachovia offers several different ways to pay your bill, including online, by phone, and by mail.All Wachovia credit cards are issued by Wells Fargo, so payments are often made to Wells Fargo and not Wachovia.
To pay your Wachovia bill by phone, call 1-800-869-3557 any time day or night.
To pay your Wachovia bill by mail, send the check or money order with your account number written on it to:
Wells Fargo Card Services
P.O. Box 30086
Los Angeles, CA 90030-0086
For overnight/express payments, please send the check or money order with your account number written on it to:
Wells Fargo Payments
1200 West 7th Street, Suite L2-200
Los Angeles, CA 90017.
Questions About Your Billing Statement or Account?
Wells Fargo or Wachovia offers a detailed Credit Card FAQs page, but there is no explanation of fees on this page. The fees associated with your credit card are explained in the Terms and Conditions of the credit agreement. You can also contact customer service at 1-800-642-4720 or 1-800-869-3557 for more information on fees.
How The Penalty Fees Work
You may be charged a late fee if your payment is not posted by the due date on the account, or if you make less than the minimum payment due. Your interest rate may also increase, depending on various factors such as your previous payment history, your credit limit and how close you are to it, etc. You may also be charged a fee if you exceed your credit limit, or if your payment is returned by the bank.
- Late payment fee: Up to $35 per month.
- Returned payment fee: Up to $35 per returned payment.
- Balance transfer fee: $5 or 5% of the balance, whichever is greater.
- Cash advance fee: $10 or 5% of the cash advance, whichever is greater.
I Can’t Make A Payment
If you cannot make your Wachovia payment, it is important to speak to someone from customer service right away. A customer service representative may be able to workout something with you so you do not get sent to collections. Simply doing nothing can harm your credit and lead to your account being charged off and sent to collections.
Will They Work With Me To Pay My Bill?
Wachovia will work with you to a certain extent. They have a team of consumer advocates and debt specialists to help you stay current and out of collections. Does anyone have experience in dealing with this company and this situation? Share your story below to help our readers.