What happens when you don’t pay Minimum Amount Due on CreditCard?

If you miss a payment it’s not going to take a big hit on your CreditScore. I have myself missed payments couple of times but both were completely different scenario’s. Only if there are multiple defaults then your credit score might be taking a hit very badly.

When your Credit Score won’t get affected

  • Once I missed payment of HDFC Credit Card on 6th & I got  call from the Customer Rep on 8th reminding me to pay and my Credit Score didn’t get affected by that
  • Another time I paid partly and was not able to pay the full amount , the bill still got generated but it didnt affect my credit score by any means
  • Have consistently paid some of my Credit Card payments some 3 times or 4 times after the due date is over but it didn’t affect my credit score at all
  • Even if you miss a payment for a single Month it’s perfectly fine but make sure you pay the amount in next time


Shan is an expert on on Employees Provident Fund, Personal Finance, Law and Travel. He has over 8+ years of experience in writing about Personal Finance and anything that resonates with  ordinary citizens. His posts are backed by extensive research on the topics backed by solid proofs

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