Slow Payments Cost you Money

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

Missing Payments Can be More Costly Than You Think

Missing payments can be more costly than you think.  Skipping a payment on your credit card will add late fees and penalties to your account, but there are longer term consequences to consider before you decide to skip writing that check or hitting “pay” on the website.   Credit card data is reported … Read more