A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing


  • one year ago

What will happen if everyone keeps buying expensive items on credit without actually having the cash to pay for them?

  • This Question is Open
  1. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    You have to pay your credit card bills. After you miss one payment on a credit card your will have to pay a late fee. If you miss two payments on a credit card you will have a higher interest rate, and have a late payment fee. Your credit card score will also go down if you miss your payment. For a better explanation these two websites can help: http://blog.credit.com/2014/12/what-happens-when-you-miss-a-credit-card-payment-103474/ http://blog.readyforzero.com/what-happens-if-i-dont-pay-my-credit-cards/ (Also shouldn't this be in Fiance?)

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...


  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.