http://EverythingFinanceBlog.COM:
Failure to pay credit card bills can be very serious, resulting in increased debt, a damaged credit score, and potential lawsuits by credit card debt collectors. If you have a credit card, be sure to budget your finances so you can avoid these side effects of not paying your credit card bills.

Read more: http://everythingfinanceblog.com/2011/06/what-happens-if-i-cant-pay-my-credit-card-bills.html