Credit Card FAQ

Frequently Asked Questions about Credit Cards

What happens if I don't pay my bill on time?

If you pay only the minimum required amount on time, the remaining balance plus interest will carry over onto your next credit card bill, and there will be no negative impact on your credit score. If you do not pay the minimum by the due date, however, you will be charged a late fee and your card-issuer may raise your interest rate. Late payments also have a negative impact on your credit score.

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