hi there,
please help me. I am out of job and I am using my credit cards and I pay minimum amount of money for my credit cards every month. my question is, if I can%26#039;t pay even the minimum amount of money every month then what will happen? and what is the solution? thank you
What will happen if I can%26#039;t pay the minimum payment for my credit cards?
They will let you ride two billing cycles or so without payment.
Then they will suspend your credit card privileges and refer you to the Collections division.
If you can%26#039;t make the minimum, you better pick up the phone and reach out and touch somebody.
Not being able to pay the minimum is a red flag that you are in the %26quot;Hot Mess%26quot; zone ----%26gt; don%26#039;t ignore or downplay the obvious.
You are flirting with tragedy.
What will happen if I can%26#039;t pay the minimum payment for my credit cards?
tyhats just stoooopid, just flex pay from hsn.
What will happen if I can%26#039;t pay the minimum payment for my credit cards?
Not to scare u but u are soooooooooooo fuked. Happened to me and it took me the last 15 years to get debt free
What will happen if I can%26#039;t pay the minimum payment for my credit cards?
you will probably incur more charges so i think you need to find a job fast, sorry
What will happen if I can%26#039;t pay the minimum payment for my credit cards?
credit rating goes down in the bureau . you should always try to make atleast the min. payment because your bal. and interest that you are paying will change. and try not to be late either. that will really mess you up big time.
What will happen if I can%26#039;t pay the minimum payment for my credit cards?
I don%26#039;t understand you. You have no job. No income and you use your credit card. And now you ask what will happen when you don%26#039;t pay the minimum amount.
Cut your credit card in half, pay cash, spend only the money you have.
That%26#039;s it!
What will happen if I can%26#039;t pay the minimum payment for my credit cards?
You will be accessed a fee from your credit card company for not making the minimum payment and will probably be considered in default, this opens up a whole new world of trouble for your credit report. Call your credit card company and let them know you have been laid off and negotiate a lower payment if possible. Your credit is very important and can either save you hundreds per year or cost you hundreds (possible more). Use credit wisely.
Call your credit card company right away... Explain your situation.
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