improving credit relationships and scores

Paying on time – are you aware that when you pay a bill past the due date it is actually late? Creditors often give you a grace period before charging a late fee but the payment is still late. When reporting to credit bureaus, lenders must indicate payment times of within 30 days, 30-59 days, 60 to 90 days or over 90 days and or if there are write-offs.

This could be a means of trapping you with a single creditor because they may not penalize you but according to credit bureaus payments pass the due dates are late period. Want to improve your credit score try paying ahead of due date and watch your score rise.

Come let’s Tackle The Beast-Get Cents Get Paid! Let’s do it together!