Will a Late Payment Hurt My Credit Rating?
Q: If I am a little late with a credit card payment, do you automatically get late fees, a higher interest rate or will it hurt my credit rating? A: You should try your very best to be timely with all your credit card payments, because if you are late on a bill, you do […]
Will My Credit Score Be Hurt By a High Default Interest Rate?
Q: If you were to hit a high default interest rate on a 0% interest intro credit card; will it place a negative mark down on your credit report? A: If I understand your question, you had a credit card with a teaser rate of 0%, but then were late on a payment and it […]