FICO Credit Scores, Approaching 850 scores Series #7
My own FICO-9 score peaks at 832 of 850 possible and I have not applied everything I know. I don’t want to do those two things.
This will be a LONG series of advice and comments. Keep coming back!!
In the previous blog post, I gave some of the ways I avoid ever paying late and severely damaging my credit.
When my PAPER statements come in I immediately set up a calendar item to pay before the due date. I live by my calendar.
I would NEVER set up automatic payments anyway but if I did they would NOT be attached to my debit or credit card. These get lost or have fraud too often and that problem can cause late payments.
I don’t want companies auto-debiting from my account.
If you love auto-pay then use “bill pay” from your checking account and PUSH the money to the creditor. This way if auto-payment ever fails (aside from insufficient funds)then it is a “bank error” and the late payment can come off your credit reports!