Notice your credit card bill lately?

Up until recently it was possible to skip a payment on your credit card bill- well , OK, not skip it but- pay late. Of course, as most students on Planet College have at this point realized, there have been hefty fees for paying late. Still, as long as some payment was made the credit would continue, you could use your card.

Not so anymore. Due to what is generally known as a credit crunch students have found payments declined when the most recent payment due was not made and made in full. Failing to make the payment due and on time could result in the card being frozen or even cancelled.

This might be helpful in the long run as it may discourage frivolous spending. Spending which must be paid back with interest. So for now make sure you get your payment in. Right away.