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What If You Missed Credit Card Payment ? Bank Action And Penalty.

Friends, What happens if you missed your credit card payment? Means you couldn't pay your credit card bill on time. Means you couldn't pay your credit card bill on time. Is the bank will downgrade your credit score? Or will block your credit cards? Friends due to incomplete pieces of information we have to face many problems Friends due to incomplete pieces of information we have to face many problems Friends due to incomplete pieces of information we have to face many problems here we are going to discuss the problems which you have to face if you missed your credit cards payments. 

here we are going to discuss the problems which you have to face if you missed your credit cards payments. here we are going to discuss the problems which you have to face if you missed your credit cards payments. Friends if you are using a credit card then you must have received your credit card bill, with the bill due date information. Friends if you are using a credit card then you must have received your credit card bill, with the bill due date information. Friends if you are using a credit card then you must have received your credit card bill, with the bill due date information. Friends if you are using a credit card then you must have received your credit card bill, with the bill due date information. You can receive these bill copies on Email, Mobile and a hard copy on your given address You will receive these bill copies on Email, Mobile and a hard copy on your given address You will receive these bill copies on Email, Mobile and a hard copy on your given address Here you can see the last bill date of your card. Here you can see the last bill date of your card. If you missed those bill payments then what type of action bank will take against you? 

If you missed those bill payments then what type of action bank will take against you? If you missed those bill payments then what type of action bank will take against you? Bank will not hurt your credit score or will block your credit card directly. Bank will not hurt your credit score or will block your credit card directly. Bank will not hurt your credit score or will block your credit card directly. Friends if its first time while you have missed your card bill then the bank will charge you some extra fee as a penalty. Friends if its first time while you have missed your card bill then the bank will charge you some extra fee as a penalty. Friends if its first time while you have missed your card bill then the bank will charge you some extra fee as a penalty. Friends if its first time while you have missed your card bill then the bank will charge you some extra fee as a penalty. Friends if its first time while you have missed your card bill then the bank will charge you some extra fee as a penalty.

Friends if its first time while you have missed your card bill then the bank will charge you some extra fee as a penalty. Means you will have to pay some extra amount as Late Fee and Extra ROI with your monthly bill. Means you will have to pay some extra amount as Late Fee and Extra ROI with your monthly bill. Means you will have to pay some extra amount as Late Fee and Extra ROI with your monthly bill. Means you will have to pay some extra amount as Late Fee and Extra ROI with your monthly bill. Means you will have to pay some extra amount as Late Fee and Extra ROI with your monthly bill. Means you will have to pay some extra amount as Late Fee and Extra ROI with your monthly bill. Means you will have to pay some extra amount as Late Fee and Extra ROI with your monthly bill. 

Means you will have to pay some extra amount as Late Fee and Extra ROI with your monthly bill. You will have to pay some extra amount to the bank if you missed payments. If your last bill has a big amount then this penalty can be high as per your existing spendings. If your last bill has a big amount then this penalty can be high as per your existing spendings. If your last bill has a big amount then this penalty can be high as per your existing spendings. If your last bill has a big amount then this penalty can be high as per your existing spendings. If your last bill has a big amount then this penalty can be high as per your existing spendings. Late payment penalty can be different as per the bill amount. Late payment penalty can be different as per the bill amount. 

With this high penalty you will have to pay some extra ROI on your monthly bill this can be different as per country and bank. With this high penalty you will have to pay some extra ROI on your monthly bill this can be different as per country and bank. With this high penalty you will have to pay some extra ROI on your monthly bill this can be different as per country and bank. With this high penalty you will have to pay some extra ROI on your monthly bill this can be different as per country and bank. With this high penalty you will have to pay some extra ROI on your monthly bill this can be different as per country and bank. With this high penalty you will have to pay some extra ROI on your monthly bill this can be different as per country and bank. 

In India, this ROI is approx 3.40% per month. In India, this ROI is approx 3.40% per month. In India, this ROI is approx 3.40% per month. If your monthly bill is 10K then you will have to pay extra late fee penalty + ROI with this amount. If your monthly bill is 10K then you will have to pay extra late fee penalty + ROI with this amount. If your monthly bill is 10K then you will have to pay extra late fee penalty + ROI with this amount. If your monthly bill is 10K then you will have to pay extra late fee penalty + ROI with this amount. Friends if you are making regular late payments in your card and if its continue for 3 to 4 months then the bank will track your credit line or it can impact your credit score. Friends if you are making regular late payments in your card and if its continue for 3 to 4 months then the bank will track your credit line or it can impact your credit score. Friends if you are making regular late payments in your card and if its continue for 3 to 4 months then the bank will track your credit line or it can impact your credit score. 

Friends if you are making regular late payments in your card and if its continue for 3 to 4 months then the bank will track your credit line or it can impact your credit score. Friends if you are making regular late payments in your card and if its continue for 3 to 4 months then the bank will track your credit line or it can impact your credit score. Friends if you are making regular late payments in your card and if its continue for 3 to 4 months then the bank will track your credit line or it can impact your credit score. Friends if you are making regular late payments in your card and if its continue for 3 to 4 months then the bank will track your credit line or it can impact your credit score. If you have missed your card fee for 2 - 3 months then the bank will block your credit card for future purchases. If you have missed your card fee for 2 - 3 months then the bank will block your credit card for future purchases. If you have missed your card fee for 2 - 3 months then the bank will block your credit card for future purchases. If you have missed your card fee for 2 - 3 months then the bank will block your credit card for future purchases. 

If you have missed your card fee for 2 - 3 months then the bank will block your credit card for future purchases. If you are not able to pay that big amount then the best way is to pay minimum payments (5% of total bill) or you can change the rest amount into EMI. If you are not able to pay that big amount then the best way is to pay minimum payments (5% of total bill) or you can change the rest amount into EMI. If you are not able to pay that big amount then the best way is to pay minimum payments (5% of total bill) or you can change the rest amount into EMI. If you are not able to pay that big amount then the best way is to pay minimum payments (5% of total bill) or you can change the rest amount into EMI. If you are not able to pay that big amount then the best way is to pay minimum payments (5% of total bill) or you can change the rest amount into EMI. 

If you are not able to pay that big amount then the best way is to pay minimum payments (5% of total bill) or you can change the rest amount into EMI. With minimum payments you will not pay late payment penalty, hence you will have to pay ROI with a small processing fee. With minimum payments you will not pay late payment penalty, hence you will have to pay ROI with a small processing fee. With minimum payments you will not pay late payment penalty, hence you will have to pay ROI with a small processing fee. Friends if you don't want to pay that high amount of your last big purchase You can discuss with bank executive and can convert that amount in to EMI You can discusses with bank executive and can convert that amount in to EMI With a small processing fee and ROI you can pay the big amount in easy instalments With a small processing fee and ROI you can pay the big amount in easy instalments With a small processing fee and ROI you can pay the big amount in easy instalments With a small processing fee and ROI you can pay the big amount in easy instalments With a small processing fee and ROI you can pay the big amount in easy instalments By paying amount in EMI your card will work smoothly. So your credit score will not be hurt. By paying the amount in EMI your card will work smoothly. So your credit score will not be hurt. By paying the amount in EMI your card will work smoothly. So your credit score will not be hurt. Friends if you have missed your credit card payments first time then quickly pay that amount to the bank. 

Friends if you have missed your credit card payments first time then quickly pay that amount to the bank. Friends if you have missed your credit card payments first time then quickly pay that amount to the bank. So this will not impact on your credit score and card will not be blocked. And would like to share some tips If you are holding the card and saving account from the same bank then the bank can activate auto deduction by connecting your card with your Account. If you are holding the card and saving account from the same bank then the bank can activate auto deduction by connecting your card with your Account. If you are holding the card and saving account from the same bank then the bank can activate auto deduction by connecting your card with your Account. If you are holding the card and saving account from the same bank then the bank can activate auto deduction by connecting your card with your Account. 

But if you are using card and savings account from different bank then must make the payments 2-3 days before the last bill date. But if you are using card and savings account from different bank then must make the payments 2-3 days before the last bill date. But if you are using card and savings account from different bank then must make the payments 2-3 days before the last bill date. But if you are using card and savings account from different bank then must make the payments 2-3 days before the last bill date. But if you are using card and savings account from different bank then must make the payments 2-3 days before the last bill date. Try to make payments before 2-3 days from last bill date to avoid any extra penalty. Try to make payments before 2-3 days from last bill date to avoid any extra penalty. As some times it takes 48 hrs to get update the status of your payment. As some times it takes 48 hrs to get update the status of your payment. 

If you want to pay a minimum payment then it must be before 3-4 days so the bank will not debit is again from your account. If you want to pay a minimum payment then it must be before 3-4 days so the bank will not debit is again from your account. If you want to pay a minimum payment then it must be before 3-4 days so the bank will not debit is again from your account. If you want to pay a minimum payment then it must be before 3-4 days so the bank will not debit is again from your account. Friends I hope this information would be helpful for you guys. Friends I hope this information would be helpful for you guys. If found helpful don't forget to like share and subscribe for our next upcoming videos. If found helpful don't forget to like share and subscribe for our next upcoming videos. If found helpful don't forget to like share and subscribe for our next upcoming videos. And don't forget to press bell icon to get early notification's. Friends see you in next video till then....

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