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16 July, 13:04

What will happen if you miss a monthly credit card payment?

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  1. 16 July, 13:45
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    There are several consequences that you may face if you miss a monthly credit card payment, and here are some of them:

    1. You can be charged late payment fees.

    2. You may face having the interest rate on your card raised to the penalty rate.

    3. Your late payment may be added to your credit history and can end up affecting your credit score.
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