Re: Late payments
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Posted by joanne (217.162.250.103) on June 03, 2002 at 13:12:08:
In Reply to: Late payments posted by leggosyd on June 03, 2002 at 13:02:14:
the real "advantage" is avoiding huge late fees, and almost every card will raise your rate to a default APR after two lates, let alone if you continue it with a prime credit card, they may close the acct on you with an existing balance, which will hurt your score.
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