If you miss even one payment on your credit card, here are four terrible, horrible, no good, very bad results you may face: 1. Your credit score can drop 50 points or more, and some mortgage lenders will reject people with any missed payments. 2. Your APR can go up to 24%, or higher. 3. You’ll be charged a late fee, usually £12 but it can be higher. 4. Your late payment can trigger rate increases on your other credit cards as well, even if you’ve never been late on them. (I find this fact amazing.) Don’t get too freaked out: you can recover from the hit to your credit score, usually within a
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