Life is rolling along going great. You think everything rocks. You set up auto-payments for all of your bills and you feel great that everything just gets paid on time or early. Then something happens you did not expect.
Perhaps the website of one of your creditors has a glitch or your debit card you used to set up the auto-pay expires. Something happens and dang, that payment to your credit card gets there late.
What effect does one late payment really have?
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