SETTLEMYDUE BORROWER RESOURCE

What Happens If a Credit Card Bill Is Not Paid?

An unpaid credit card balance can become increasingly difficult to manage. Charges, lender communication and credit-reporting consequences may arise according to the card agreement and applicable rules.

Outstanding Amounts May Increase

Applicable interest, late-payment charges or other contractual charges may increase the outstanding balance when payments remain unpaid.

Collection Communication May Begin

The card issuer or authorised representatives may contact the borrower regarding overdue payments in accordance with applicable requirements.

Credit Profile May Be Affected

Payment history and account status may be reported to credit bureaus, potentially affecting the borrower's credit profile.

Need Structured Borrower Assistance?

Learn more about the relevant SettleMyDue assistance service or share your repayment situation for an initial review. Lender outcomes are not guaranteed and remain subject to the lender's decision and applicable policies.

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