Monthly Payments
What happens if I miss my monthly payments? Like if I owe 20.79/month and miss two months or so, what happened? Will I gain interest? Is that all that will happen?
iPhone 11
Question marked as
If you miss a payment, Goldman Sachs Bank will probably restrict your account and possibly permanently close you account.
After 30 days your missed payment will be reported late to the credit bureaus. Your score will likely drop and the missed payment will stay on your credit report for 7 years.
You should contact Goldman Sachs ASAP to make payment arrangements. Missing a payment is a really bad thing.
CONTACTING — Goldman Sachs Bank
• Using Messages; chat with an Apple Card specialist
• Call toll-free at 877-255-5923; or
• Write to: Goldman Sachs Bank, Lockbox 6112, P.O. Box 7247, Philadelphia, PA 19170-6112.