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	<title>Comments on: what can I do if I cant pay minimum amount due in credit card? I can only pay less coz of problems. Help!?</title>
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	<link>http://howto-howto.info/credit-card-debt/what-can-i-do-if-i-cant-pay-minimum-amount-due-in-credit-card-i-can-only-pay-less-coz-of-problems-help/</link>
	<description>How To Get Out Of Debt</description>
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		<title>By: bdancer222</title>
		<link>http://howto-howto.info/credit-card-debt/what-can-i-do-if-i-cant-pay-minimum-amount-due-in-credit-card-i-can-only-pay-less-coz-of-problems-help/comment-page-1/#comment-2510</link>
		<dc:creator>bdancer222</dc:creator>
		<pubDate>Mon, 23 Nov 2009 00:01:57 +0000</pubDate>
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		<description>You could try calling your credit card company and see if they will work with you.  Some will give short term deferrals or rate decreases.

If you fail to pay at least the minimum, it is the same as no payment.  You will get hit with late fees and reported to the credit bureau at the 30 day point.  It will also trigger universal default causing your interest rates to jump.</description>
		<content:encoded><![CDATA[<p>You could try calling your credit card company and see if they will work with you.  Some will give short term deferrals or rate decreases.</p>
<p>If you fail to pay at least the minimum, it is the same as no payment.  You will get hit with late fees and reported to the credit bureau at the 30 day point.  It will also trigger universal default causing your interest rates to jump.</p>
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