English, asked by himanshu6627, 1 year ago

what will happen if we fail to pay our credit card dues on time?​

Answers

Answered by deepaksharmaaj
1

according to SBI card limited If we fail to pay our dues in time the rate of interest may be increased to 10% and SBI Card causally gives you 60 day to pay

Answered by suzainkhan36
1

After a missed payment, your credit card issuer can also report your account as delinquent—meaning you failed to make the minimum payment by your due date—to the credit bureaus which will damage your credit score. ... Failing to make payments increases your chances of being reported by the card issuer.

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