what happens if you can't pay the monthly payment to department credit card?
958507
If it is just once, you just don't pay it and you'll be charged a fee, usually around $30 late payment fee.  If you're over the credit limit, they'll hit you with another fee for about the same amount.\n\nIf you can't pay it at all on an ongoing basis then you'll have significantly more trouble and will probably end up being sent to collections--if you get sent to collections then you may be able to negotiate a lower settlement payment.\n\nGood luck!
1170570
Yes n if that person don't pay they WILL come after you for the money and it will ding up your credit if they are making no or late payments!  Think long and hard before you ever co-sign no matter WHO it is!
841025
You cant, you pay or you dont get it
910666
If it goes past due...it will hurt your credit score. Ask them if you can make an interest only payment...that should help with a little extra cash and also not hurt your credit. If they agree, make sure you first ask if they will report it as a delinquent payment.\n\nMike\n\n================
810048
If you breach a contract by failing to pay the full amount due, but pay a lesser amount due, the damages suffered by the non breaching party are generally limited to the unpaid balance. It's uncontroversial...
1005677
You should have considered that outstanding bill when you refinanced - but that is obviously out of the question now.\n\nIf you can't pay them right now - I would personally go to the company who did the work, request to speak to the owner/manager, explain to them your situation and make some type of payment arrangements and then stick to it.\n\nAn alternative is charging the cost to a credit card, taking out a personal loan or selling something of yours to come up with the funds to pay the bill. Even if you get billed late, the work has been done to your satisfaction [I am assuming] and they are entitled to their money. Good luck.
353323
Contact them as soon as possible to set up a payment plan.  Most government agencies are willing to work with you on that.  I've seen people pay as little as $20/month on debts owed to the government.  Depending on your situation, they may even take off any interest or late fees.  Just make sure you contact them before they start garnishing your wages.  You do NOT want that to happen...depending on the debt, they can take as much as 25% of your disposable income.  Good luck!
176819
Call the original lender as soon as possible and set up a payment plan. If the loan is in default and with a collection agency, then you need to call the collection agency and set up reasonable payments with them. Do something as soon as possible. Making payments is better that not making payments. If you do not make payment arrangements there will be consequences that will affect your personal credit. Plus, if it is a government loan, if payment arrangements are not made, the government will garnish your wages, take your income tax, etc, and the delinquency will be on your credit history, preventing you from getting a home loan if you don't already own a home. I speak from personal experience.
1054991
I think they can sue you...but only if you aren't making any payments...\nsend the collection agency $50 a month, or a little more if you can spare it...it will keep them from being able to sue you
1169931
hawk996 is right.  pay what you can, make steady, timley payments for as much as possible.  if you are doing everthing else right, you most likely will not get violated for not paying in full every month.  the court wants to see improvment and progress and it sounds like you are doing that.  keep up the good work.
833442
and how will they collect?\n\nThey can't.\nAnd if you don't pay--they get stiffed--and I would let them cook..\n\nIt's going to be on your credit anyway.
859551
If it's a dispute, Yes.\n\nIf you've been billed for something you did not buy, you can dispute it.\n\nThen, there's a small procedure to ensure you're right, but then,  you don't need to pay.\n\nHowever, if you don't have any grounds, it's a cognisable offense that you don't pay.\n\nIf you're having financial problems, the Credit Card Companies and your Bankers will be glad to help and I suggest that you take it.\n\nHave a nice day.
246842
Only if you stop paying off your credit cards . . . it will.  Keep your payments up and it will not affect your credit score.
996293
The company should send you a new one with a new expiration date. The outstanding balance stays "open" until it is paid regardless if you use the card anymore or not.
827769
You would be charged an over the limit fee every single month you were above 3K... I hope you can pay it off fast, otherwise you are going to pay alot of finance charges. I don't think they can "punish" you though... just charge you and maybe close your account to new purchases.
981217
I hadn't heard that. I did receive a letter saying that if I didn't want to pay during the month of Dec or Jan, due to the holidays, I can postpone my payment...for a $45 fee.
242405
You can try but I doubt at first that they will let you.  However, once the demand letters come in and they refer you to the legal department for action on your unpaid bills, that's the time wherein you could negotiate a payment scheme with them because they would rather be paid slowly than not be paid at all.