Search unanswered questions...
Enter a question here...
Questions Reference

Can your credit be damaged by paying less than what is due on time?

[Edit]

Answer

Absolutely. It won't be hurt as badly as not paying, but your credit report usually shows a status that reads "pays as agreed." If you're paying less than the minimum amount due each month, you're not paying as agreed and your credit can get dinged.

Improve Answer Discuss the question "Can your credit be damaged by paying less than what is due on time?" Watch Question

First answer by ID1159875617. Last edit by ID1159875617. Question popularity: 67 [recommend question]

Research your answer:

Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Debt Counselors and Consolidation > Can your credit be damaged by paying less than what is due on time?