What to do if you can't pay your credit card bills while coronavirus rages
If your card issuer lets you skip a month without penalty, ask if they will also not report a late payment to credit companies. Under normal circumstances, a payment that is 30 days late ends up on your credit report.
Depending on the particulars of your situation, this can drag down your credit score by as much as 60 points or 70 points, he said. It also remains on your report going forward. One thing that makes this so challenging is that we have no earthly idea when this is all going to end."Also, be sure to get something in writing from the card issuer that details the terms of whatever you're being offered and agreeing to.
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