What happens if you don't pay your credit card payments?

Answer On One Hand: Credit Cards Are Unsecured Debt.Credit card debt is unsecured, which means that the amount owed is not backed by collateral such as a car or a house. Not paying on a car loan can lead ... Read More »

Top Q&A For: What happens if you don't pay your credit card ...

How many years do faulty credit card payments stay on credit reports?

Late credit card payments remain on your credit report for seven years, according to the Fair Isaac Corporation. However, the further in the past the late payment occurred, the lower impact on your... Read More »

Do I have to be delinquent on my credit card payments before I can do credit counseling?

According to CredAbility (formerly Consumer Credit Counseling Service), there is credit counseling available to those who seek pre-delinquency financial and budgeting advice. There is counseling, t... Read More »

How to Cut Credit Card Payments?

Credit card payments are capable of quickly spinning out of control, costing you hundreds, if not thousands of dollars a month, most of which just goes to pay off the interest. Because of this, it ... Read More »

How do i calculate credit card payments&pay off?

Discover the Amount Due and Minimum Payment AmountsCalculate how much your minimum monthly payment is for your credit card. Most banks compute this by taking 1 percent of your amount due and adding... Read More »