Paying late:
This is the number one factor in determining your fico score. Also if you pay late you give your Credit Card company the ”right” to raise your rates some time as high as 30% or more. And guess what they will. They are in business to make money and do not care about you or your family.
Going over the limit:
Again just another chance for your Credit Card Company to raise your rates. Simply put just don’t do it.
Simple rules I know but you would be surprised how many of us do break these two rules and as a result we suffer.
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