http://www.moneycrashers.com/timing-is-everything-for-building-wealth/ Personal Finance Blog, Your Guide to Financial Fitness Fri, 10 Feb 2012 00:29:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.moneycrashers.com/timing-is-everything-for-building-wealth/#comment-5463 author Tue, 22 Jan 2008 15:29:06 +0000 http://www.moneycrashers.com/timing-is-everything-for-building-wealth/#comment-5463 Minimum, yes it does matter. Believe it or not, there are still organizations out there, including mortgage companies that do manual underwriting if you request it. Manual underwriting means that they will look at your ability to pay on time for bills such as utilities, rent, and cable, and also credit cards, student loans, car loans, etc. Even if you aren't seeing any improvement in your credit score, your ability to pay a payment is still being watched. It's ALWAYS good to pay on time, especially because you'll save yourself hundreds or even thousands in late fees. Minimum, yes it does matter. Believe it or not, there are still organizations out there, including mortgage companies that do manual underwriting if you request it. Manual underwriting means that they will look at your ability to pay on time for bills such as utilities, rent, and cable, and also credit cards, student loans, car loans, etc. Even if you aren’t seeing any improvement in your credit score, your ability to pay a payment is still being watched. It’s ALWAYS good to pay on time, especially because you’ll save yourself hundreds or even thousands in late fees.

]]> http://www.moneycrashers.com/timing-is-everything-for-building-wealth/#comment-5462 Minimum Wage Mon, 21 Jan 2008 21:12:11 +0000 http://www.moneycrashers.com/timing-is-everything-for-building-wealth/#comment-5462 My credit is shot and I have no open credit accounts. Worse, I can't even improve my credit without a major boost in income. I have been paying my bills on time for several years, but that hasn't helped my credit. So does it really matter now whether I pay bills on time? My credit is shot and I have no open credit accounts. Worse, I can’t even improve my credit without a major boost in income. I have been paying my bills on time for several years, but that hasn’t helped my credit. So does it really matter now whether I pay bills on time?

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