What Happens When You Pay Your Credit Card Late?
A late credit card payment is an easy mistake to make. You might forget the due date, fail to send the minimum payment or realize you never put a check in the mail. Although a late credit card payment is an understandable error, there are consequences. A missed credit card payment can hurt your credit rating and finances both in the short and long term. But you can take steps to repair the damage and avoid repeating the mistake. You Missed a Credit Card Payment. Now What Happens? Late payments can trigger many adverse events. A late fee ...
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