Which of the following will happen if you miss a monthly credit card payment?

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Which of the following will happen if you miss a monthly credit…

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Which of the follow will happen if you miss a monthly credit card payment? everfy? Get the answers you need, now! 1. Log in. Join now. 1. Log in. Join now. Ask your question. gonzalezdavid6812 Business High School +5 pts. Answered Which of the follow will happen if you miss a monthly credit card payment? everfy? 1 See answer …

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FAQ which of the following will happen if you miss a monthly credit card payment?

What happens if you miss a monthly credit card payment?

Which of the follow will happen if you miss a monthly credit card payment? You will be charged a late fee You lose reward points Your APR will increase the next month Both A and B

What happens if I forgot to pay my credit card?

If you have the money to pay your bill but simply forgot to, offer to make your payment immediately and ask for your late fee to be waived. Chances are, your credit card issuer will comply if this is your first offense.

Does not paying your credit card bills affect your credit score?

Not paying your credit card bills can affect your credit score, but depending on your situation, you might be able to take care of things before it gets out of hand. Keep in mind, different banks will follow very different processes when a payment is past due on an account.

What should you do if you can't pay your credit card?

If you don't have the money to make your payment immediately, but expect to have it shortly, ask your credit card issuer for some leeway on both the late fee and the reporting angle. If you have a solid payment history with that issuer, things should work out.

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