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Know about unbilled credit card Amount

Is an unbilled credit card balance causing confusion during dues payment? Learn what they mean<br>

HeroFinCorp
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Know about unbilled credit card Amount

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  1. Know about unbilled credit card Amount

  2. What does an unbilled credit card amount mean? • • It is the transaction you made after the credit card bill was generated.

  3. How does an unbilled credit card amount work? • Failure to pay this amount results in an interest penalty. • The unbilled amount is reflected and is due in the following month's bill. • You could also pay the unbilled amount in small EMIs.

  4. How to track unbilled credit card transactions? • You can check this amount using net banking, SMS, or by contacting customer service.

  5. What happens if you do not pay the unbilled credit card amount? • You will face many negative consequences, which are detailed below.

  6. Major penalty • The lender will levy 1-2% monthly interest on the unpaid dues.

  7. Deteriorates your credibility  • Your credit score will fall dramatically.

  8. Lowers your borrowing potential • You will fail to qualify for a larger loan amount in the future.

  9. Alternatives to credit card • You may obtain a personal loan, bank overdraft, or invoice financing. 

  10. “Unbilled credit is reflected in the next month's bill and must be paid after it is generated.”

  11. Thanks! Would Love to hear from you. Hero Fincorp Limited 09, Basant Lok, Vasant Vihar, New Delhi - 110057 Tel : 18001024145 Email : customer.care@herofincorp.com Website : https://www.herofincorp.com/ Know More : https://www.herofincorp.com/blog/unbilled-amount-on-credit-card

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