When it comes to mortgages and credit cards, as long as you pay by the end of the grace period, you aren’t charged late fees, and your interest rate isn’t adversely affected, though you are often considered a “slow pay” customer. When it comes to insurance, however, there is no grace period, and paying your … Read more
Did you know that some credit card companies purposely send their customer bills out so late in the billing cycle that you would literally have to submit payment the day the bill arrives in order to have any chance at getting the payment in on time? It’s a tactic that many of the companies use … Read more
Bad payers or late tenants can be a big problem for all landlords and people have different ways to deal with the problem. But the best solution is one that gets the tenant to pay the rent timely and avoids a costly eviction at the same time. The first thing you can do to ensure … Read more
Many times in life, things happen beyond our control. The same happens with our finances all the time. Many people would love to pay their mortgage on time and never have a late mortgage payment and keep a perfect credit score, but problems can happen to anyone at anytime. Knowing how a late payment affects … Read more
Debt occurs when we purchase some goods or services through the credit cards. Each consumer can use the credit card for a particular limit. The amount made for the purchase can be paid few days later. When you fail to make the payment on time, it will result in late payment charges. Reckless spending is … Read more