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Tag: Debt

7 Consequences of Having a Low Credit Score

7 Consequences of Having a Low Credit Score

Meta: The consequences of having a low credit score are bigger than you may think. Here are seven ways a spotty history can cause friction in your daily life.

6 Mistakes People Make When Paying Down Debt

6 Mistakes People Make When Paying Down Debt

Paying down debt is a great way to boost your credit score and reduce costly interest payments. Try to avoid these common errors to make the process easier and faster.

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Credit score increase based on StellarFi members’ data. Credit score increase not guaranteed. Credit scores will only be available to members whom we are able to validate. On-time payment history can have a positive impact on your credit score. Nonpayment may negatively impact your credit score. Failure to make monthly minimum payments by the due date each month may result in delinquent reporting to credit bureaus, which may negatively impact your credit score. StellarFi receives a referral fee from the partners mentioned on this page.

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