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numerous student loans with payments when the borrower Always make the payment on time, or at least no later than

may be making only one payment. five days after the due date. Even though you have to pay a
late fee after the due date, you are not considered late for credit

When payments do resume, I suggest that you keep separate reporting purposes until the 15th day or later after the due date.

confirmation of the payment, a receipt for online payment Avoid late fees and make payments on time.

or cancelled check if done the old-fashioned way. Millions of
accounts that have had no activity in three plus years will have If you are experiencing challenges in making monthly
payments sent to them on or before October 1. payments, at the very least make the minimum payment. Don’t
miss making a $45 minimum credit card payment. Regardless
If you have any questions about what is in the report, each of how hard you think it may be during any given month,
repository gives you their addresses and phone numbers for
their customer service departments. Use them. Especially if you
have accounts on the report that you are not familiar with or BRIAN’S POWER WASH, LLC
there is information on the report that is not correct.
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Since the repositories are required by law to provide one free
credit report every 12 months, I suggest just getting one report • No Pressure Roof Cleaning
now instead of getting all three. In this way you can look at your B • Residential & Commercial
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from the last repository. This gives you the opportunity to get

updated throughout the year and address any issues you may Brian Bartolomeo
have. brianspowerwash@gmail.com
443-786-3439 www.brianspowerwash.com
Each of the repositories will provide a credit monitoring service
for a fee, much like Credit Karma or credit card companies.
If you have concerns about someone tampering with or using
your credit illegally you can elect to have your credit locked
in which case no one can access your credit file without your

express permission. Credit locks are easy to manage as long as
you remember they need to be unlocked if you are applying
for credit.
Wishing
Manage credit card debt actively, which means “pay attention”
to the following. Caroline County
To maximize your credit score, keep the outstanding balance students a great
on your credit cards at or below 30% of the available credit. Th e
higher the balance in relation to your credit limit (utilization school year!
rate) the lower your credit score. Never exceed your credit
limit. To do so could result in an immediate drop of 30 to 70
points in your credit score and to regain what you have lost
could take 4-6 months or possibly longer.

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