Revolving balances
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Reducing Credit Card Debt
- June 23, 2022
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Debt Consolidation Vs. Debt Settlement
- May 20, 2021
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Credit Cards and the Pandemic
- February 18, 2021
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
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Late Payments and Revolving Balances
- March 8, 2018
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
Late payments and revolving balances are the two things that can do the most damage to a credit score. Having a late payment show up on your credit report probably makes sense but can revolving balances really have as much of a negative impact as a late payment? Absolutely. Let’s look at late payments first.