What happens if I miss a payment on my HBC Credit card?

If you miss a payment on your HBC Credit card, there will be consequences. Firstly, a late payment fee will be applied to your account. This fee varies depending on the balance on your card. Additionally, your credit score may be negatively impacted, making it more difficult to obtain credit in the future. It is important to note that repeated missed payments can lead to further consequences, such as an increased interest rate on your card or even the possibility of your account being sent to collections. To avoid these issues, it is crucial to make payments on time and, if you encounter difficulties, consider contacting HBC Credit to discuss potential payment arrangements or options available to help you manage your debt.