Credit Card Default: What Happens If You Don’t Settle the Bill For Two Years?

Credit Card Default: What Happens If You Don’t Settle the Bill For Two Years?

Many people in India think of a credit card as an extension of their income. The credit limit looks like money that is earned, is available, and an amount they can “manage later.” This misconception gives rise to big trouble, aka credit card default. Many borrowers underestimate how severe the consequences of credit card default […]