Avoid skipping your payments, when it becomes accumulated you will find it very difficult to meet up. Missing your monthly payments is not as worst as leaving your bills unpaid. Actions will be taken by your credit card company over late payments or bill left unpaid. Payments that are 30 days past due will be reported to credit bureaus.Minimum Credit Card Payment

To avoid charges of late payments or interest rate increase, make your minimum payment. You can even contact your credit card company to make arrangements on the mode of payment. A slight delay In payment attracts an increase in the interest rate charged.

Minimum Credit Card Payment | Have additional source of income 

There is always something you can do to get additional income. Either you engage yourself on selling products or you start rendering services. You can market your products online via social network. Being very creative is a fast way to make more cash selling things or providing services.

Contact your credit card issuer

Contact your credit card company to have arrangements on when and how to make your payment if in any way you missed out in a month. You can also explain the reason behind your late payments or missed out of payment. Your late fees might be waived and your due date extended.

If you’re not lucky enough to have your defaults overlooked by your card company, go ahead and source for funds and also cut your expenses each month.  Meet with family members or friends to raise funds and clear your debt

Take cautions on paying your bills at once

In as much as there are benefits to paying your bills at once, there are other consequences to it too.

Settle the payments you missed

The moment you miss any due date of payment, settle it immediately and avoid a late entry sent to your credit report. When you pay your dues before your next due date it saves you the stress of having to meet up on payments in a month even though a charge of late fee will still be charged against you.

Payments can be made online with your phone or mail without having to call your credit card company.

Get assistance

Get Professional Help if you are finding it difficult to meet up with your minimum payments. A professional in credit card activities will go a long way to assist you on strategies of how to go about with your minimum payment. You can consult for a professional through the National Foundation for Credit Counseling.