What is The Impact of Missed Credit Card Payments On Your Credit Score
Missed credit card payments can have a significant negative impact on your credit score, including late payment penalties, negative impact on payment history, lower credit score, increased interest rates, and potential collection or legal actions. It's important to make timely payments on your credit card to avoid these consequences and maintain a healthy credit score. Read More: https://cardinsider.com/blog/what-is-the-impact-of-missed-credit-card-payments-on-your-credit-score/