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Monday, October 19, 2026Updated 22:56 UTC

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Debt Shame Lets Balances Grow in Secret – Open Every Statement and Tell Someone

Source: Money Crashers · Oct 19, 2026 16:15 UTC

Torn U.S. one-dollar bill on a white background — File photo Images_of_Money / Flickr · CC BY 2.0 · Source

The Quick Take

Leaving a statement unopened doesn’t move its due date. Once a minimum payment is more than 60 days late, your card issuer can raise the interest rate on the balance you already owe, on top of any late fees. Shame... Source

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