1. Money
LaToya Irby

How to Deal With Your Past Due Accounts

By February 1, 2014

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Having a past due account is bad for several reasons. Fees continue to add up each month you're late - making it harder to catch up. You risk having your interest rate raised on credit card balances that are more than 60 days past due. Plus, your credit suffers each month you're late.

You should deal with all past due accounts sooner rather than later to reduce the damage of past due accounts.

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