3 payments you never want to forget!

1. Paying your mortgage late usually just comes with a small late fee but it can lead to foreclosure and a ding to your credit score! Be proactive contact your financial institution the moment you know you are going to be late and attempt to work out a payment schedule.
2. Credit cards will always charge a late fee anywhere between $20.00 - $35.00 plus interest. It will reflect on your credit when you are continuously late in making those payments. Best thing to do is make at least the minimum payment.
3. Pay your utilities most people don’t realize that while your late payments don’t reflect on your credit report (some states actually report) If that overdue balance carries to long they will sell your debt to a collection agency!

Stay on top of these payments! Protect your credit score! It is your responsibility!

American Financial Benefits Center