Don’t fall for this credit myth – it’s OK to pay credit cards a day late if you pay them off in full

House Logic has some tips that might help even seasoned home buyers. Today we’re featuring…

Myth #2: It’s OK to pay credit cards a day late if you pay them off in full.

Reality: ”Missing a payment is the biggest way to hit your credit score,” Lowry says. “If you pay a student loan a day late, your score can go down as much as 100 points.” So much for that degree making you smarter.

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