If you have not paid your dues to IREM, they can begin calling up your house or office and trying to recover it. This can be very annoying especially if you work at home. With this in mind, paying your dues via credit card is considered to be the better option.
One of the biggest advantages that the new system of dues payment through irem membership dues provides is that you do not need to wait for a long time to get your dues paid off. The first month of payment usually only takes about six months to get rid of all the dues owed to IREM. With the new system, it only takes about three months.
You will be able to keep your privacy with regards to the account that you use for payment because once the debt has been settled, you will contact the credit card company. All the details related to the account will be handed over to the credit company in question.
The advantage of not having to pay the dues by money is that the credit card company will never get any money from you. All the dues will always be unpaid and the credit card company will never be able to recoup any money from you either.
Apart from the fact that the payment will be faster than when dues are settled with IREM, you will also be able to avoid paying the late fee that IREM charges. This fee is calculated based on the monthly dues that you have left unpaid. If you have more than ten percent of dues unpaid, you will be charged the late fee.
If your dues are very small, you can opt to settle the dues with IREM instead of opting for the credit card method of payment. It is advisable to do this, if your dues are not very large and the late fee of IREM is something that you do not want to pay.
If you opt to opt for the credit card method of payment, you will not have to pay the amount as early as the credit card company expects you to. because in this case, the money is credited to your account as soon as the payment is made. Once you are out of arrears, the dues, the amount will automatically be deducted from your account and you will not have to worry about paying the entire amount on time.
In this way, you will be able to save more money on the amount that you have to pay to the credit card company. By opting for the credit card option of payment, you will be forced to pay the entire amount at the end of each month.
IREM will automatically charge the late fee on the credit card account as soon as you pay the dues to IREM. because you are the one who is responsible for paying the credit card debt and not the credit card company.
IREM will always be on the lookout for the money that is owed to them and the credit card company. you can also be alerted as well that there is a payment due to the credit card company. if you pay your dues to IREM in time and on time.
You should not be surprised when you receive a message from the credit card company that you owe money to them. because you will know that the payments are due at the same time.