Past due amount vs minimum payment due

[M_Smart007]

---

@Anonymous wrote:
Thank you for the insight.

This helps a lot.

I was confused since it says minimum payment due, but that might be what it is due on the due date.

Thank you

---

Sorry, I forgot in earlier post

Welcome To myFICO Forums!!!

[M_Smart007]

---

@Anonymous wrote:
I am in financial distress, or I was. I had a cash flow issue for 6 months.

I should be stabilized once my I make all my accounts up to date.

If I do a hardship APR, they would have to close my account right?

---

I would try to pay, then if not possible in anyway, then highlighted red.  JMHO

Hoping for The best outcome 4u.

[CreditInspired]

---

@Anonymous wrote:
Would you recommend a hardship plan through them? Would they close my account permanently?

Thanks

---

OP

Here’s a great article on hardship programs from Nerdwallet and it appears AmX, Cap1, BOA, and Discover all have such a program: 

https://www.nerdwallet.com/blog/credit-cards/what-is-a-credit-card-hardship-program/

[SouthJamaica]

---

@Anonymous wrote:
Hello all,

I am in a particularly bad scenario. I missed my last month’s minimum payments on 3 credit cards.

The due date is coming up for all 3 at the end of the week.

I cannot make full minimum payments on all 3.

However, I can pay the past due amount on each of them. Will this bring them current, so I don’t get flagged for being 30 days late?

I don’t want a late payment posted reported to the credit bureaus.

Any help would be great.

Please no smart remarks about managing money. Thanks

Capital One:
Minimum payment due: $185
Past due: $78
Due date 7/20

Chase:
Minimum payment due: $671
Past due: $319
Due date 7/19

Discover:
Minimum payment due: $186
Past due: $81
Due date: 7/21

---

I would in the first instance pay the past due amounts.

[UncleB]

Moving thread to 'Rebuilding Your Credit' for additional exposure.

--UB

[UncleB]

Moving thread to 'Rebuilding Your Credit' for additional exposure.

--UB