 TITLE: What Happens If I Stop Paying My Credit Cards? CONTENT: You Will Be Charged Late Fees\n-----------------------------\nThe first thing that can happen if you don't pay your credit card bill on time is the card issuer may charge you a late payment fee.\nThe fee amount can vary depending on your card and current balance. However, the federal Credit CARD Act of 2009 limits the fee. At most, the late payment fee can be $29 for your first late payment and $40 for each subsequent missed payment.\nIf you're taking advantage of a promotional 0% APR (annual percentage rate), a late payment may terminate that promotion early, meaning you'll liable for interest fees on your card's balance going forward, including the fees that are added to your balance. END