What Happens If You Don’t Pay Your Credit Card?

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While Chime doesn’t issue personal checkbooks to write checks, Chime Checkbook gives you the freedom to send checks to anyone, anytime, from anywhere. See your issuing bank’s Deposit Account Agreement for full Chime Checkbook details.

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* To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.

1 Information from Equifax’s “When late payments show up on credit reports?” as of January 9, 2024:

2 Information from the Federal Reserve’s “Credit card rules” as of January 14, 2025:

3 Information from Federal Register’s “Credit card penalty fee’s (Regulation Z)” as of January 10, 2024:

4 Information from Equifax’s “Charge Off Faqs” as of January 10, 2024:

5 Information from FindLaw’s “What should I do if I’ve been sued for debt”” as of January 9, 2024:

6 Information from Equifax’s “How to negotiate debt with your lenders” as of January 10, 2024:

7 Information from Equifax’s “How long does information stay on my Equifax credit report?” as of January 9, 2024:

8 Information from Experian’s “Can you close a card with a balance?” as of Janurary 14, 2024″:

9 Information from Nolo’s “The new bill collector tactic: jail time” as of January 14, 2024

10 Information from Nolo’s “What can creditors do if you don’t pay?” as of January 9, 2024:

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