What to Do When You Have a Late Payment?

Credit cards are important to my life. I use them every day, and it feels satisfactory and interesting to evaluate value of credit cards I have. To maintain this hobby, I need to have a good credit score. According to the FICO website, the payment history determines 35% of the FICO score. “A few late payments are not an automatic “score-killer.” An overall good credit picture can outweigh one or two instances of late credit card payments.”

However, I would like to keep a perfect payment history, by paying off my credit card balance all the time.

I failed to accomplish this last month.Read More »