I am in some debt with credit cards, can i skip a few payments to pay one off completely?

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Mr. Derp!!!	Nope. Make the minimum payment on all, pay as much as you can towards one untill its gone. Repeat. No payment = big penalty fees.

Emily Dew	NO! Never skip a payment! That will do a lot of damage to your credit rating. Instead, pay the minimums on those cards and put the rest toward paying off the one you are closest to paying off. Do that every month until you have the smallest one paid off. Then take that payment and send it in on the next smallest one every month until that one is paid off and so on and so on until they are all paid off.

SlimMick	Your goal should be to keep ALL credit cards current with no late pays. Paying off one card by letting the others lapse is not good financial management. If you do this you might see the interest rates skyrocket to 30% on your other cards, making paying those off really hard as so much money would be going to just the interest.

Flash Funk	I dont understand what your asking... you cant skip your monthly minimum payment without repercussion.

DAS	Nope that wouldn't be a good idea, unless that company has a skip a pay, and you tell them and they agree. If not you will just have to figure out another way. If you have been paying on time, it is not worth getting your score lowered over a non-payment.

MikeyG	Without talking to the credit card companies first, I would not suggest doing that. It can ruin your credit rating.

private	Never skip a payment. Call them "first" for any payment options. <}:-})

Erica	No. It makes things worse if you skip a payment. Try to even out your bills, and not pay too much on one, and none on another.

bdancer222	If you skip payments to any credit card, you will get hit with a late fee and they will report the late payment to the credit bureaus at the 30 day point. Tighten up your budget. Eliminate the extra -- cell phone, eating out, new clothes, premium cable and internet, etc. Put every penny you can squeez out of your budget on the highest interest rate credit card, while making the minimum payment on the rest. When the highest interest rate card is paid off, move to the next till they are all paid off. Figure out some ways to make extra cash -- have a garage sale, collect alum cans, get a second job.

onestepbeyond	If you are not and have never been late on the payments, I would advise against skipping since late payments might increase the interest rate of the cards that you skip since you will be in violation of the terms of the loan also it will cause your credit to take a hit since you will be reported as being 30 days late for missing the payment (s)

Chick	you could, and you might think it will be better to have less debt bills that way, your credit will be worse then it already is. i did it and now i'm screwed.

baserunner316	consolidate them all, and make that monthly payment. make each one with money orders and SAVE ALL THE RECEIPTS. after you pay this off lock up your credit cards or cut them up and cancel. learn to manage a debit account. get the minimum balance and avoid fees. pay the one time over draft fees. if you want to keep your cards lock them in a safe or deposit box if you can afford the fee. people dont get credit cards are DEBT. you can maintain your credit simply by paying your utilities on time.

simbee5	No. Here's what you do. Make the minimum payment on ALL your cards each month. Then take any extra cash you may have and pay some extra on the credit card with the highest interest rate. Oh yes, one more thing. Stop using your cards. :)

be_good_2urslf	You may have to get a second part time job with all the money from that second job being used to pay off your credit cards. Pick the one you want to pay off first lets say the one with the least amount of debt on it, then cancel it. Mean while keep making the mininal payments plus interest on the other cards so you don't get behind on them, once the one with the least amt on it is payed completely off cancel it and move on the the next least amt and pay that off and either cancel it or put it away in the house somewhere and stop using it until they are all completely payed off. You don't need more than two credit cards even just one low interest rate credit card, when we have so many we tend to use them like you did and next thing you know their all maxed out. If you can't get a second job then just do what I suggested anyway, I've done it this way and my uncle did it this way and it works. AND STOP USING THE CARDS IN THE MEANTIME. Sorry for yelling I just wanted to make sure you understood the impotance of not using the cards once they start to come down. Good Luck, and DON'T DO THIS AGAIN (smile) can't help it, its the mom coming out in me.

Nandina (Bunny Slipper Goddess)	That would be shooting yourself in the foot - the skipped cards would become negative items on your credit report. It's better to do a minimum payment on the cards, even if it means that it will take longer to pay them all off.

Cat	You can, but it'll cost you late payments, and bad credit reports on your record. Sometimes credit cards will offer one month "no payment due", but you'd have to ask ahead of time. And I seriously doubt that even if they let you once, that they'd let you two straight months.

bulldogbeautiful28	Don't do that it will cost more in the long run and ruin your credit. Pay off the lowest one then next month take that minimum payment and pay more on the next lowest card, do this until that ones paid off. Then take the money you were using and pay the next one until it is paid off. The payments you are making grows with each credit card you pay off. It is a slow process but it works.

Shawna M	Do not skip payments. Pay at least the minimum on them. Put any extra money toward paying off the cards after all minimums are met. Not paying the minimums will lead to extra fees, allow the companies to increase your interest rate, and mess up whatever credit rating you have left at this point.

Terry D	You credit rating or FICO score will suffer. They can and probably will raise your interest rate if you are late, because then you be a greater risk to them than before you missed your payment. Bad idea to miss payment. Pay off the required payment on all cards. If you pay off one and miss on others they will crucify you with penalties. You shold also try not to exceed 1/3 of your limit on each card. The closer you come to maxing out your card, the greater the risk you become ... and up go your interest rates. The other card will penalize you if you screw up on any of your cards. Repeat: DO NOT MISS PAYMENT ON TIME FOR ALL YOUR CARDS ... DO NOT COME CLOSE TO MAXING OUT ANY CARD. MESS UP ON ONE CARD... THEY WILL ALL PUNISH YOU FOR IT BY JACKING UP YOUR INTEREST RATES ON ALL YOUR CARDS.

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GraceGirl	If you skip payments they are going to raise your interest rate and charge you $39 or more per late or missed payment. Your best bet is to TRANSFER your balances from your worst credit card interest wise to your prefered credit card and then work on paying off that credit card. When you transfer the balance it is like paying off one credit card with another. If you ever get those checks in the mail that you can use on your credit card account, those can also be used to pay off another card but they come with a fee. You can call the credit card company and tell them you want to use the check but you want them to waive the fee for using the check. Sometimes if you call a credit card company and tell them you want to transfer a balance from another card(s) but you want them to waive the transfer fee, they will.

patrick p	I'm with all the folks that say "don't skip a payment" and want to give ANOTHER reason beyond those I saw above. If you skip a payment, the next month you're just going to owe for two months, or three if you skip two payments, etc. SO, after you skipped a few to pay that one card - you'd not ONLY have all sorts of late fees and negative effects on your interest for not paying, but all skipped payments would still be "DUE IMMEDIATELY".

kurosaki-kun	Yes, some debt reduction companies actually advise doing that. However, in order to minimize charges, call the companies you are not going to pay and give them some excuse why you can't pay, just don't tell them the real reason. You might get them to wave some late fees and such.

Ujj H	Never ever skip a credit card payment If you are caught in the credit card debt trap, approach a debt consolidation company for help, instead of paying high rate of interest to your card issuer. Most of the debt consolidation companies provide loans to help you tide over the credit card debts. These loans are known as credit card debt consolidation loan. The advantage of this loan is that you are charged a low rate of interest. The difference between the interest charged on the credit card and the interest on the credit card debt consolidation loan is substantial, saving you quite a big sum of money. http://debt-refinance-loan.com/category/Credit-Card-Debt-Consolidation-Loan.html