Don’t be late paying your credit card
Words from a mortgage broker directly, do not be late paying your credit card and loan payments. We cannot stress enough how It’s really important to pay everything on time. Unfortunately, late payments have a huge impact on your credit scoring. If you make a payment past the 30 day late pay cushion (which you should not use often), it can drop your credit score anywhere from 50 to 80 points.
A word of advice, if you’re worried about making payments on time, consider setting up automatic payments with your banks or credit card companies. Most companies will work with you to build a strategy to pay your payments on time.
At America’s Moneyline we can create options custom fit for your needs and lockin the best rate. We are constantly striving to exceed your expectations!
You will have a dedicated loan expert to help you every step of the way. Real-time updates and faster closing are guaranteed when you choose America’s Moneyline.