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Three Mistakes That Create the Need for Credit Repair Help in New Jersey Your credit score is incredibly important to you whether you know it or not. Having a good score is the difference between getting a great mortgage rate and not getting a mortgage at all. With bad credit, you may not be able to get a car either. The best way to avoid the need for credit repair help in New Jersey is not to make the following mistakes.

Missed Payments

If you have payments on a loan, credit card, or utility, any payment administered more than 30 days after the due date can be reported as late. These will create bad marks on your credit. If these add up, it’s a disaster for your credit score. Make your payments on time.

Co-Sign a Loan

It may seem like an act of good faith if you cosign for a loan. A disaster could occur if the person you cosign for defaults on it. If they do, you will be held responsible for the remaining balance. Your score will plummet if you can’t pay the balance.

Only Minimum Payments

If you only make minimum payments on your credit card, the interest will still drive up your balance over time. Eventually, this could make the payments out of your budget. Try to pay as much as possible on the premium every month.

If your credit score is lower than you want it to be, contact the pros at Square One Credit Management for help. They will help you make a plan to raise your credit score.