Credit Corp

OCTOBER 25, 2023

Since payment history is the most important factor that influences your creditworthiness, not making payments on time can damage your credit score. Generally speaking, you will take out a loan or credit card with a lower interest rate and pay off all current balances with money from the new account.

Credit Card Debt 52

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Debt Guru

OCTOBER 22, 2021

Here are four important things that your lender might not tell you – but knowing them can spare you a world of financial hurt. If you only pay the minimum amount, you’ll accrue interest, your balance will increase each month and you will find it difficult to ever pay off the balance. Understand What You Owe.

Lender 52

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Credit Corp

MAY 1, 2021

The consumer system is set up so that most purchases depend on applicant creditworthiness and a focus on being in debt responsibly. A high credit score will get you lower interest rates on major purchases, and a low credit score is a cause for worry because of higher interest rates. Get Your Free Credit Report Card.

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