What Happens When You Quit Paying Your Credit Cards - Your interest rate could go up. Whether you’re working to reduce a large credit card balance or a smaller one, there are a number of benefits you may experience. What happens when you stop making credit card payments? Unpaid credit card bills can result in serious financial, credit score. If you stop paying one of your credit cards, the issuer may charge you fees and interest, your credit could be damaged and you may. If you stop paying your credit card, you'll be in violation of your card's terms of service.
If you stop paying one of your credit cards, the issuer may charge you fees and interest, your credit could be damaged and you may. If you stop paying your credit card, you'll be in violation of your card's terms of service. Whether you’re working to reduce a large credit card balance or a smaller one, there are a number of benefits you may experience. What happens when you stop making credit card payments? Unpaid credit card bills can result in serious financial, credit score. Your interest rate could go up.