According to Nick, paying on time, every time is crucial to maintaining a good credit score. Since your payment history makes up 35% of your FICO score, it is the single, biggest item that you need to be concerned about affecting it. You are adversely affecting your credit score for seven years each time you pay a bill more than 30 days after it is due. When you must pay a bill late, it is critical that it be paid within those first 30 days in order to prevent a lowering of your credit score.
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