What happens if your credit card gets declined?

I pay $34 a month for a gym membership. Ive been broke as hell lately due to less hours at work and i only had 28 dollars in my card. What will happen if the gym charges my card and it gets declined? Will it effect my credit? Also how do you max out your credit card? If i have 28 in my card and i try to pay more than that i will just get declined. Would i have to spend exactly $28 dollars to max it out?|||There is something called "an over the limit fee".


There is a reason this fee exists on credit cards.


It could be a $39 fee.


The card could also be declined depending on your card company.


Google your card and see what fees they carry for this.





Do you realize you are maxed out?


Did you know this is horrible for your credit?


Any time you use more than 30% of your available credit limits you are reducing your score.


Max out and you are causing utter devastation.


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/|||Is it your debit card? If so, you could be charged over draft fees (if the bank approves the transaction).





Is it a credit card? If you go over the limit, there may be recourses for your creditor to raise the interest rate, charge late fees, charge over-the-limit fee, and/or close the account.





READ your GYM membership CONTRACT. Of course, if you don't pay it or don't fulfill the contract the gym can do what they want to get the money : go to court, send you to collections, or demand your full payment. I doubt they even have it on your credit at all, but they could report it if you don't pay it at all.





Cheers!