How Credit Card Delinquency Can Hurt You (and How to Handle It)
Summary
Credit card delinquency occurs when you miss a payment, even by a single day. While minor delinquencies can be quickly resolved without significant impact, missing payments for 30 days or more can have substantial consequences. These include a drop in your credit score, account suspension, or closure. Always pay your credit card bill on time and in full to prevent delinquency. If you miss a payment, address it promptly and communicate with your card issuer to explore options. Tools like autopay can help ensure timely payments and maintain your financial health.
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