Repair Your Credit | Be a Punctual Payer (Pt. 2)

Make a new plan, Stan

CLICK HERE if you missed the first part of this “Repair Your Credit” E-book chapter. Many of these tips seem commonsense, but if they are, why aren’t more of us practicing them in our financial lives? I think it’s because we can all use a refresher once in a while, particularly when it comes to fighting spending habits and the desire for instant gratification at the expense of all else. Debt relief comes primarily from good habits. Military loans or civilian payday loans come from emergency situations. With the right budget and good habits, here’s to fewer emergencies in your future.

Pay bills on time

Letting things slip doesn’t pay in the long run. Paying your bills each month on time and every time is crucial to establishing and maintaining good credit. It does not matter how big or how small the balances are, if payment is overdue by 30 days or more and is turned over to a collection agency, the incident will be reported to the credit bureaus and you will receive a penalty that will affect your credit score for the next three years. ... click here to read the rest of the article titled "Repair Your Credit | Be a Punctual Payer (Pt. 2)"