QUESTION IMAGE
Question
what happens if you dont pay at least the minimum payment on your credit card by the due date?
your credit card gets canceled
you are charged a late payment fee
your credit limit decreases
you earn cash back rewards
Brief Explanations
Not paying the minimum credit card payment by the due date typically results in a late payment fee as per standard credit card terms. Cancellation or credit limit decrease usually occur after repeated non-payments, and cash back rewards are unrelated to late payments.
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You are charged a late payment fee