What Happens When You Stop Paying Your Credit Cards - The good news is that when you pay off your full statement balance each month, you can use credit cards without paying any. If you’re late on your credit card bill by even a day or two, you can get hit with a late fee on your account (usually around $30). 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.
The good news is that when you pay off your full statement balance each month, you can use credit cards without paying any. If you’re late on your credit card bill by even a day or two, you can get hit with a late fee on your account (usually around $30). 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.