While repaying a credit card debt can provide immediate financial freedom, it also often causes a credit score to drop. Once you have settled a debt, it is important to rebuild your credit if you have ...

Financial challenges can damage your credit if they cause you to pay bills late or miss payments altogether. This is because your payment history accounts for 35% of your credit score. Fortunately, ...

If you’ve missed your credit card payment deadline by a day or two, don’t panic. A lapse of just a couple of days won’t affect your credit score. You might even be able to get your credit card issuer ...