Posted on 23 May 2010. Tags: credit card bill, credit card bill payment, credit card late payment, credit card lender, Credit Report, credit score, creditor, federal trade commission, high interest rate, Interest Rate, late payment, lender, payable amount, what happens if i dont pay credit card bill
It’s often seen that one or another is indulging in credit card debt due to extra purchase beyond their buying capacity. This most of the time put a man in financial problems and he keeps on thinking about “Why should I pay my credit card bills? One can neglect credit card bill payments but some how or the other he must have to pay the credit cards bills. Here are some consequences of not paying your monthly credit card bill on time. 
Hi, Pay Your Credit Card Bill!
One of the most annoying and disturbing thing after not paying your credit card bills is incoming of some frequent calls from your creditors. They try to reach you by calling at your cell phone, home phone or at you office phone and ask you to pay back their money. They often by pass the law by contacting you relatives, neighbors or to some of you colleagues. This act is illegal as all your rights are protected by the Federal Trade Commission. They try to abuse you on phone if you reluctant to pay the credit card bills. They use each an every mean to get back their money. They also try to get your other account info that also an illegal act.
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Posted in Credit Cards
Posted on 21 May 2010. Tags: bad credit, bankruptcy, credit, credit card bill, credit card late payment, credit card repayment, credit card tips, credit history, credit score, how to improve credit score, Interest Rate, late payment, lower credit score
It is easy to protect your credit from any harm than to repair it. If you avoid those things that can hurt and damage your credit badly then you won’t have to struggle to repair your damaged credit. You can save you from bad credit headache and trouble by avoiding following bad things.
1- Avoid late payments
Try to avoid paying off your payments late. Paying your payments late can hurt your credit badly and leaves a black spot on your credit history. Remember that credit report contains all your payment details that can be beneficial or unbeneficial for you so try to avoid late payments.
2- Limit Your Credit
This is the second factor that can affect your credit score badly. To avoid this thing, try to keep your balances below 30% of your actual credit limit. This is because if your credit card balances becomes close to your credit limit then it can make a drop in your credit score.
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Posted in Credit Report
