Avoiding Late Fees - A How To Guide

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Avoiding Late Fee's How To Guide

• With the usage of credit cards, the economy, and
  the increase in living expenses late fee's for
  many have become a fact of life. In this how to
  guide I analyze methods on how you can avoid late
  fees.
• Consumer Credit Support
• http//consumercreditsupport.com

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Avoiding Late Fee's How To Guide

• How Can I Avoid Late Fees?
• Believe it or not there is a powerful truth
  behind not making your payments or paying your
  credit card bills late. This will ruin your
  credit score. Between fees and a growing interest
  rate there could come a point where you will not
  be able to pay the minimum amount of the payment.
  The way to avoid this is to be proactive. Do not
  hesitate, do not wait. Make today the day you
  choose to take action.

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Avoiding Late Fee's How To Guide

• To ensure the above path is not your fate you
  should endeavor to pay your bill on time, and if
  possible avoid missing payments. Believe me, I
  know it can be hard to make payments on time (due
  to a myriad of situations). However, you should
  do everything within your power to make sure you
  are aware of your personal situation. Below I
  examine some methods that can help you with your
  payments.

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Avoiding Late Fee's How To Guide

• As I said before, the most tried and true method
  is to pay your bill on time. Remember, if
  something happens or comes up and you aren't able
  to pay you will be penalized. Sometimes
  situations do come up, however within the eyes of
  the creditor a late payment is not justified.
  Remember, inside every bill you receive there is
  information and instructions regarding your
  payment. Always follow the included instructions
  making sure your payment is sent to the correct
  location (and make sure it is sent on time).

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Avoiding Late Fee's How To Guide

• But, I do understand there are times when you
  might have trouble paying the entire bill on
  time. Don't worry, you can instead pay the
  minimum amount. Please remember, though you might
  be able to pay more later make sure you always
  pay the minimum amount. This way when you do have
  more money you can add this to the minimum
  payment you previously sent as an additional
  payment.

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Avoiding Late Fee's How To Guide

• A simple way to do this is to set aside the
  minimum payment amount in advance. This way, when
  the credit card bill arrives, you will have the
  minimum amount available. This will ensure that
  you do not have to worry about penalties or late
  fees. However, once this is done you should then
  see if you can pay a higher amount (above the
  minimum amount). When you pay the minimum amount
  you are making sure that no other fees are added
  to your next bill.

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Avoiding Late Fee's How To Guide

• The next method is usually on a per case basis.
  You can check with your credit card company to
  see if they offer skip a payment. This is a
  service that allows you to request a waiver on
  your payment (as in situations where you don't
  have the money to pay your bill). There is a
  drawback to this method. It can only be used once
  a year. I only recommend using this service in an
  emergency situation. Also, many times this
  service will have a cost as well (which will be
  added the following month to your payment).

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Avoiding Late Fee's How To Guide

• Credit cards for many have become a necessity of
  life. Always make sure you know your interest
  rates and have a good idea of what your bill is
  going to be before you make that purchase. Make
  sure you are not knowingly making purchases on
  your credit card with no intention to pay them
  back.

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Avoiding Late Fee's How To Guide

• In conclusion, be responsible and informed. You
  are in control of your credit destiny. You know
  your situation better then anyone else. Be honest
  with yourself and all will go well.

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Avoiding Late Fee's How To Guide

• Having issues with credit, debt, or incorrect
  information on your credit report? Watch our free
  presentation today for vital information that can
  help you below at
• http//consumercreditsupport.com