How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Infolawyer Your Own Question
Infolawyer
Infolawyer, Lawyer
Category: Consumer Protection Law
Satisfied Customers: 53919
Experience:  Licensed attorney helping individuals and businesses.
11313492
Type Your Consumer Protection Law Question Here...
Infolawyer is online now
A new question is answered every 9 seconds

I am not able to pay my credit cards this month. What should

Customer Question

I am not able to pay my credit cards this month. What should I do?
Submitted: 1 year ago.
Category: Consumer Protection Law
Expert:  Infolawyer replied 1 year ago.

Normally, the card company allows you to go into arrears and charges interest. Obviously better to not have that continue too long to avoid interest. Another option is to borrow from friends and family at no/low interest to avoid higher interest credit card debt. Kindly let me know if that is clear.

Customer: replied 1 year ago.
Do I call up the credit card companies and let them know? How long do they let you go in arrears? At what point in time if I can not pay will it show up on my credit report?
Expert:  Infolawyer replied 1 year ago.

call the card company and see if they will work with you. Normally they will hold off for 120 days before doing anything. They will want to work with you so call them and it should be fine. Kindly rate me positively.