Consequences of Not Paying Your HDFC Credit Card Bill

Discover the risks of skipping your HDFC credit card payment and learn how to maintain your financial health.

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If you don't pay your HDFC credit card bill, you may incur late fees and interest charges. Prolonged non-payment can affect your credit score and lead to collection actions. Always try to pay at least the minimum amount due to maintain your financial health.

FAQs & Answers

  1. What happens if I miss my HDFC credit card payment? Missing your HDFC credit card payment can lead to late fees, interest charges, and a negative impact on your credit score.
  2. How can I avoid late fees on my credit card? To avoid late fees, ensure you pay at least the minimum amount due on or before the due date.
  3. Will not paying my credit card bill affect my credit score? Yes, prolonged non-payment of your credit card bill can significantly lower your credit score.
  4. What is the minimum payment I should make on my credit card? The minimum payment is generally a small percentage of your balance and is detailed on your credit card statement.

Watch More

If you're interested in maintaining your financial health, check out our other videos on credit card management and strategies to improve your credit score.

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