When you cannot make your monthly credit card payment, the worst thing you can do is to simply let the bill go unpaid. Your creditor can charge you a late fee, raise your interest rate, and report the late payment to the credit bureaus. If you cannot pay the minimum, consider writing your credit card company and explaining your situation to them. Many creditors will extend your due date, waive the late fee, and continue reporting a "current" payment status to credit bureaus.
Payment Card Letters
State:
Multi-State
Control #:
US-01805BG
Format:
Word;
Rich Text
Instant download
Description
Free preview Financial Difficulties
How to fill out Letter To Credit Card Company Seeking To Lower Payments Due To Financial Difficulties?
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