Credit card debt is one of the most common ways people get into financial difficulty. You should always try to make the minimum payment on your credit cards.
Here's what happens if you miss payments on your credit cards:
One payment missed: If you have a good borrowing history, your creditors may simply send you a polite reminder letter
Two payments missed: You will get a strongly worded letter and possibly a phone call demanding payment
Three payments missed: Each creditor will enlist a Collection Agency to press you for payment. Collection agencies will make your life unpleasant, using a variety of tactics to get the money, including threats
If you still don't pay, court action can be used against you