Good-Person
Captain Junkie
There are several repercussions if you don't make your payments on time. In addition to the possibility of phone, internet, or utility services being cut off or disrupted, creditors may impose late fees. However, delinquent debts can harm your credit history and score, and they may even make it impossible for you to get new loans.
One of the biggest drawback of not completing payments on time is the fact that you may also get blacklisted by the companies as well. This is also a major issue.