What happens if you miss paying your credit card bill, and the bank slaps you with a fine? Is there a way to reverse it? In our finance tip of the week, Pulasta Dhar and Bindisha Sarang of Firstbiz discuss a tried and tested method to reverse this fee — especially if you have been a good record. [caption id=“attachment_1511057” align=“alignleft” width=“380”] If you are perpetually late on paying your credit card, use your smart phone to set reminders, to avoid any future late payments. AFP[/caption] Keep in mind, that this is a trick you don’t want to exploit multiple times, and banks will roll back the late payment fee only as a gesture of goodwill. And if you are perpetually late in paying your credit card bill, use your smart phone to set reminders in order to avoid late payments in the future. So want to know how to save with a two minute phone call? Listen to the podcast below.