My family back home has needed extra financial help from me for the past couple of months. This has meant I have missed two monthly credit card payments.
It is the first time I have missed making a payment on the card and I am worried the bank will file a police case against me. However, I dont know how many payments you have to miss before this happens. So far, I have only received payment reminders.
Currently, I owe Dh10,000 on the card and was paying the minimum monthly amount on it. Already, I am noticing the amount I owe has risen very quickly because of the interest and penalty fees and it is now nearing its limit.
I am hoping to get back on track with my finances very soon but I am also worried about the effect it will have on m…
Read the full article at: https://www.thenationalnews.com/business/money/2021/09/08/the-debt-panel-how-many-payments-can-i-miss-before-a-police-case-is-filed/
