Maxed Out Credit Cards - The Forgotten Derogatory Credit Item
Posted on May 15, 2008 - Filed Under Finance | Leave a Comment
When it comes to credit, most everyone knows the obvious do’s and don’ts. You know; pay your bills in a timely manner, don’t allow your bills to go to collection status, avoid bankruptcy, avoid judgments and liens-the obvious. What about the forgotten derogatory-maxed out credit cards? Yes, this too can be considered derogatory. Most people seem to forget about this and many people don’t realize the impact it actually has on your credit.
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