What Happens if You Stop Paying Your Credit Cards?

What happens if you stop paying your credit cards?

If you’re struggling to make ends meet, you may be considering skipping a credit card payment. But what happens if you stop paying your credit cards?

Your credit score will take a hit, you’ll be charged late fees, and you may even end up in collections. So while skipping a payment may seem like a good idea at the time, it’s not worth the long-term damage to your finances.

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