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Britt Erica Tunick is an award winning financial journalist who has spent the past 17 years writing about virtually every aspect of finance. She has mastered the art of boiling down complicated financial topics for readers to understand. |
It is important to take steps to proactively manage your credit. Here are a few simple steps you can take to help improve your credit. Proactively Manage Your Credit By Britt Erica Tunick While a single missed or late payment on a credit card or loan won’t destroy your credit score, it doesn’t take much to negatively impact your credit rating and the damage can be long lasting. Damage to your credit score can last for as long as seven years, or ten years in the case of bankruptcy. Given the fact that a poor credit score can be extremely costly, translating to higher interest rates for credit cards and loans, it is important to take steps to proactively manage your credit. Following are a few simple steps you can take to help improve your credit:
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