Ask Terry Questions Credit Card Payment overdue

Credit Card Payment overdue

By Terry Savage on April 01, 2020 | Credit/Debt

What can I do if not able to pay credit card ? Bank says to go online for information, but nothing addressed online about deferring payments, due to Covid-19 job shutdown. Phone calls not recommended by bank.

Terry Says

No point in calling card company. If you can’t pay even the minimum, you will be in arrears. Everyone’s credit is going to take a dip if this lasts very long. Just try to pay your rent,and put food on the table.

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