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how does it work

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Anonymous
Not applicable

how does it work

what happen when I make a lesser payment than required on each card to satisfy all? will this be considered as delinqent? thanks in advance for any advise
Message 1 of 3
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fused
Moderator Emeritus

Re: how does it work

Hi and welcome to the best forum in the universe!  You might want to start by reading the credit scoring 101 thread courtesy of Tuscani.
 
Message 2 of 3
Anonymous
Not applicable

Re: how does it work

if you don't make your minimum payment, it is late.  you will have late fees, and they may raise your interest rate.  if you go 30 days late, you will have 30 days late on your cr for each 30 day late, if you go longer, you may get 60s, 90s, 120s, etc, etc, then possibly collections. 

Analost wrote:
what happen when I make a lesser payment than required on each card to satisfy all? will this be considered as delinqent? thanks in advance for any advise


Message 3 of 3
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