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what happens if you dont pay your credit cards
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[QUOTE]Originally posted by 94gt: [QB] [QUOTE]Originally posted by hidnn.o.s.: [qb] Heard now they passed something where if you are "LATE" to one card it's reported to all your cards and the interest rates ALL go WAY up :( [/qb][/QUOTE]Yup! Some credit companies have been doing this for years! :eek: In the end some companies are different than others... some will give you a grace period of 10 days.. others will give you none. Some will let one payment slide into the next month... it all depends man. You DEFINANTLY want to pay that crap off man, if you default, you will go to collections and they might even want you to pay the entire balance in full! Just get a card that has a 0% APR/EPR for a year, transfer the balance to it and pay it down. It works pretty good. [/QB][/QUOTE]
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