Thread: Credit myths
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Old 02-08-2012, 10:33 PM   #9
TRDood
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Quote:
Originally Posted by Ruff Ryd@s View Post
what will happen if i racked up $20,000 on my visa, missed the payment for a month, then paid the full amount 2 months later?

also, same situation as above, but instead, i pay off the full balance say 1-2 days past the due date?
Always pay your credit card bills and loans on time, at least the minimum amount. I have seen credit reports before and the information includes how many credit cards and loans/mortgages the person has, the amount of each payment (most recent payment), and how many time they have missed a payment (don't know if it distinguish minimum payment or full payment though).

It doesn't show your library card, your tv bill, or your Brazzer account. So don't worry about those if you missed one or two payments occassionally.
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