I was wondering what would happen if I only paid a small fraction of the minimum payments on my credit cards...I'm sure they will still tack on the late fee, right? Let's say I owe $150 one month on a card and I pay only $20, can they still send card to collections eventually? Just curious because I'm not in any shape to pay minimum payments yet...I have four cards, one up to date on payments, other four are 3 months late. The minimum's on each of those are in the $500's each...Thanks for any advice!
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