Your credit card has a due date on which it needs to be paid off each month. If you miss this due date, it can have some severe negative consequences on your credit report. Not only will the credit card company probably charge you a late fee, but you will also likely see an increase in your interest rate. A late payment can go on your credit report after 30 days. Because your payment history makes up a whopping 35% of your overall credit score, missing even one payment can do some serious damage. This is especially true if you…

If you’ve read any of our blogs at Boost Credit 101, then you know how often we talk about the different scenarios that can have a negative impact on your credit. Sometimes, however, it’s the things that are right in front of you that are having a negative impact. One of the main reasons people seem to have trouble raising their credit scores is due to inaccurate information on their credit reports. Luckily, there are ways to remedy this situation and improve your credit score without making too much of a fuss. Come dive in as we explore more about…