Credit - Scottsdale Real Estate

 Credit - Scottsdale Real Estate

 

Real Estate Automated Payment Options Avoid Damaging Late-Payment Reports: When you borrow money or apply for credit, your credit score will determine whether you can get a loan and the interest rate you qualify for. Since 35% of your credit score reflects how well you pay your bills on time, it pays not to take any chances. Even those with the best of intentions can inadvertently miss a payment by vacationing, misplacing a bill or being forgetful. One way to ensure against missed payments is to set up automatic bill

 payments. You have several options: - Direct debit: Some lenders, creditors and other companies offer a service where you can authorize the company to directly debit your bank account on every due date to pay your bill. You simply give the billing company your bank information, and the billed amount is

 automatically drawn from that account. - Recurring payment: Your online banking system may allow you to set up recurring payments to creditors. You provide the name, mailing address, and account number of the company to be paid, along with the amount to pay, due date, and other preferences. This system is

 useful for amounts owed that do not vary from month to month. - eBills: eBills are used by many different companies. Bills are delivered to you online with email notification. You go to the company's website to make your payment or set up automated payments