Notice: Undefined index: articledetail in /home/utils/securefiles/securecode/utl_article.cls.php on line 646
Do not Skip Bills |
College Loan Consolidation, Federal Loan Consolidation, Private Loan Consolidation, Student Loan Consolidation

America's Top Student Loan Provider

Don't Skip Bills
You can't afford to skip any bills—and I mean any bills, ever. Not the mortgage, not your credit card payments, not car payments. It's not just delinquent student loans or overdue medical bills that can ruin your credit. You probably will be shocked to know that the slightest infraction may get reported in your credit file—anything from a late payment on your cell phone bill to a skipped payment to your utility company. You might even fall out of your chair to know that some libraries are even reporting people who have turned in the library books late! Yes, even a late library book can show up on your credit report.

I've heard, too, of some cities and municipalities taking a hard line on unpaid parking tickets. In various jurisdictions, those unpaid tickets are also being reported on people's credit report, thereby lowering their FICO credit score. The lesson here, therefore, is to do everything within your power to always, always pay your bills on time, no matter how small or insignificant they may seem. Otherwise, all the hard work you put in on paying those big bills on time—like your mortgage or student loans—could be undone when a small bill winds up damaging your credit report.

None of this is to suggest that you never have to prioritize your bills. Don't get me wrong: in a dire cash crunch, clearly the mortgage takes the precedent over the cell phone bill. Nevertheless, your goal should be to pay every single bill on time, every single month, without fail. That is the best thing you can do to raise your FICO score.


Article Title : Do not Skip Bills
Comment not found for this article.

Related articles
• Bad Credit Student Loans - Only a Click Away
• Student Loan Lenders
• Tips on Repaying Student Loans
• Consider Federal Student Loan Consolidation
• Student Loan Consolidation Information - What Are Co-Signer and No Co-Signer Loans

Share this story:
  • BlinkList
  • blogmarks
  • Digg
  • Facebook
  • Google
  • Sphinn
  • MySpace
  • NewsVine
  • Simpy
  • StumbleUpon
  • Technorati
  • E-mail this story to a friend!
  • Print this article!
  • Faves
  • Furl
  • Netvouz
  • Slashdot
  • Spurl
  • Yahoo! Buzz

EdFed introduces Awareness Learnal
At, EdFed, we proudly introduce 'articles on student loans' and 'Learnal - the journal to learn from', our free newsletter on student loan management, which is sure to keep you informed of the latest events and happenings in the student loan market. To receive your copy of the above just use the RSS feed below and add this to your "My Yahoo", blogs, newstickers, and other similar channels accepting distributable content.
Click here to sign up for our Weekly Newswire now!

How EdFed Helped others!
EdFed astonished me with their array of repayment options. There were several different plans and also a variety of options for any obstacles that I might encounter. I was utterly satisfied with the selection.
- Carlos L.  Hartford, CT
* Your Name: * Your E-mail Address:

We respect your privacy.
* Your Friend's name: * Your Friend's E-mail address:
Include a Message:
+ Privacy Policy

Student Loan Consolidation Info - How to Choose the Right Loan Company

This column is sponsored by Granted, America's top job search engine. The Career Resources column is presented by Granted, America's leading job search engine dedicated to getting people jobs.

Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.

read more
Schools Will No Longer Receive Paper FAFSA Forms
(September 20, 2007)

news desk
Stafford Loan Payment Calculator
PLUS Loan Payment Calculator
Loan Consolidation Payment Calculator
Glossary of Terms
Loan Comparison Chart
Scholarship Search
The fixed interest rate for a consolidation loan is based on the weighted average of the interest rates of the loans being consolidated, rounded up to the nearest one-eighth of a percentage point.
US School Directory
Comprehensive List of Schools at which EdFed Assists Students.
EdFed is a FFELP lender with lender identification number 834241.
© Copyright 2020 EdFed. All Rights Reserved.

Home · About Us · Contact Us · News · Sitemap
Career Advice · Tell a Friend · Privacy Policy · Resume Service
Resume Distribution Service · Post Resume · Job Search Course
Sign up for the latest news on student loans.
Email Address:
+ Most Recent Newsletter
+ Newsletter Archives