What Happens If You Stop Paying Your Credit Card
Falling behind on payments can lead to serious financial and legal consequences — but it doesn’t have to define your future.
In this short training, learn what happens when credit card debt goes unpaid and how to take control before it escalates.
Why You Should Understand the Consequences
Many people believe that skipping payments only affects their credit score.
In reality, unpaid credit card debt can result in lawsuits, wage garnishments, and lasting financial strain — depending on your state’s laws.
This video training explains:
• How quickly creditors can take legal action
• What happens when debt is sold to collectors
• How interest, late fees, and penalties accumulate
• Which legal protections and state laws apply to you
You’ll also learn what proactive steps you can take before collection or litigation begins.
What You’ll Learn in This Video
1. The Financial Impact
How unpaid balances grow with compounding interest, penalties, and collection fees.
2. The Legal Pathway
When and how creditors may file suit, garnish wages, or place liens depending on state law.
3. The Credit Score Fallout
Why delinquency marks stay for years — and how responsible settlement or repayment helps rebuild credit faster.
4. Your Legal Rights & Options
Understanding the Fair Debt Collection Practices Act (FDCPA) and your rights during collection or negotiation.
5. When to Seek Legal Help
When it’s time to contact a licensed attorney, consider how to choose one who will protect your rights.
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Check your Debt Level
Access to our free check debt tool to understand your debt level and figure out concrete solutions for debt reduction https://checkdebt.resolvegroup.io/
Take Control Before It’s Too Late
If you’ve missed multiple payments or received collection notices, now is the time to act.
Resolve Group can connect you with licensed attorneys who help consumers negotiate, settle, or legally manage their credit card debts.
Why Schedule a Consultation?
• Understand your legal exposure
• Stop harassment from collectors
• Explore settlement or repayment solutions
• Protect your credit and wages