A low credit score doesn't have to ruin your life. You can boost it with hard work. You should avoid missing payments. If your payment is more than 30 days late, then you will receive a negative credit report. One of the best things that you can do in order to boost your credit score is to set up automatic payments. On-time payments not only boost your credit score, but they also save you money. Late fees can add up over time.

If you have past-due accounts, then you should catch up on them as soon as you can. It is a good idea to talk to a financial advisor if you have past-due accounts that you are struggling to pay. They can help you come up with a plan that helps you get out of debt.

 

Categories: Finance