If your credit card issuer allows you to "skip a payment," interest will not be charged for the month.

Name: If your credit card issuer allows you to "skip a payment," interest will not be charged for the month.
Brand: Quizplus
Rating: 4.7 (43 reviews)

Question

Quizplus · Accepted Answer

This statement is false. Although you may not have to make a payment for that month, interest will still accrue on your balance and be added to your next statement. Skipping a payment could also result in additional fees or a negative impact on your credit score.

If Your Credit Card Issuer Allows You to "Skip a Payment