I’m dealing with it right now. I’m two months behind on one credit card. They have already reported it to the credit bureaus, and a second credit card (which I am still current on) reduced my available credit the same day the delinquency showed up on my report. Additionally, the credit card I’m behind on happened to also be where I have a checking account. They took every last penny out of that account “to apply it to the credit card” (less than $100).
I have never been late on anything in my life and have never overdrawn my bank account either.
Also, before I started getting behind on things I had a hospital bill that I’ve been paying on for over a year, always on time and as per mutual agreement. They called me a few months ago and said they were sending it to collections. Basically they didn’t like how long it was taking to pay off. (but if they didn’t want it to take that long then why did they agree to a low payment? Do they not have calculators?)
Anyway I was feeling pretty bad about this stuff but then I remembered that I did everything “right” and never got any grace from them, so now my only regret is paying these bills for so long when I could have used that money elsewhere.