 Having access to a credit card is akin to a necessity and it's important to be attentive to making timely payments. Most credit card issuers regard a payment late when the due date has passed. A missed payment typically carries the same penalties as when making less than the minimum payment due. Delinquent for 30 days, you can manage if handled quickly. Some card issuers allow a single missed payment before they charge a late fee. But this is when your credit rating begins being put at risk. Two payment cycles missed