Improve Credit Scores with NO MORE Late Payments


Increase Credit score

If you earn enough to pay your bills, but are always just a day ot two late, this small adjustment to your bill paying methods could save you lots of money and add an add’l 50 points to your credit score. . .  enough to get you more favorable interest rates on your auto and home mortgage loans.

 

Burning MoneyIf your credit card company charges you a $35 late fee when your payment is only 1 day late, that is tantamount to pulling $35 out of your wallet and lighting a match to it. Is that nuts? Who in their right mind would do that!!!!

So if your payment ‘due dates’ have a tendency to sneak up on you, and you’re constantly paying late, you’ll love the solution… it is so simple.

credit card billsCheck the last statement you received to see what the card’s minimum payment is and when it is due. Add $10 to that amount; then set up your bank account’s Bill Pay to ‘automatic recurring payments’ for three days ahead of the normal due date. (Should cover variations due to a weekend.)

Naturally, when you pay your bills each month, you will want to pay more than the minimum amount since paying minimums would take you 30 years to get out of debt. (Can you even imagine how much interest that would be?)Equifax

But now, when you get around to paying your bills each month, you can either adjust the minimum if you Transunionhave time, or add a second payment for that month. AND… the best thing is, by setting up those minimums ahead of time, you will never agExpirianain pay a late fee – and the lagniappe is that your credit reports will reflect on-time payments every single month.

Good luck, and keep a smile on your face. . . .

JoyceAlbert@att.net

JoyceAlbert@att.net

About Joyce Albert

Why you need a Real Estate Consultant, not just another Agent… The difference between a real estate agent and a real estate consultant is the difference between someone who just wants to make a sale, and a professional who is willing to share with you their in-depth knowledge of the market in order to help you navigate one of the largest financial decisions of your lifetime. In my career as a real estate consultant, putting my clients first has been the hallmark of my success. I will always make myself accessible, be a good listener, and respond quickly to your needs. So if you are looking for a true professional to help you buy or sell a home in the Slidell, Mandeville, or Covington areas, please contact me. I look forward to working with you. Certified 203k Specialist I am a certified FHA-203k Specialist affiliated with the Re-buld USA program.- a program designed to assist buyers wanting to purchase distressed properties (hurricane damaged, repos, short sales) that require rehab. Accredidations -  Accredited Buyer Representative (ABR)  e-Certified  Short-Sale & Foreclosure Certified (SFR) Other Memberhips. . .  Louisiana Association of Realtors  New Orleans Metropolitan Assn of Realtors (NOMAR)  Gulf South Real Estate Information Network  National Assn of Realtors (NAR) of Realtors (NAR)  Real Estate Board of Accredited Buyer Consultants (REBAC)
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