Bills Are Paid, Ensure Creditors Notify the Agencies
This is also important in credit management. Please ensure your creditors notify credit agencies when bills are paid.
If you do have unpaid bills, it’s important not only to pay them but also to make sure those payments are reported to the credit agencies, otherwise those payments won’t help repair your credit.
Talk to the creditor about this, and if necessary don’t hesitate to follow up with the credit reporting agency yourself.
Categories: Credit Tags: credit repair, credit repair 101
Credit Repair 101: Pay Creditors Who Report to Agencies First
Some creditors report every payment you make to credit reporting agencies , while others report information only if they send your outstanding balance to third party collection agency. If you want to delay one of your bills through the maturity date, it is always better for your credit score (all things being equal) if you pay a regular report that will have the greatest impact on your credit score.
Categories: Credit Tags: bad credit, credit repair, credit repair 101