ANSWERS: 2
  • Severely? Not at all. In fact, if you've never missed a payment call the card company and see if they will excuse it so it doesn't go on your credit report. Some will do it with no problem.
  • Now-a-days, you never really know with your credit report. AND not only THAT card, but others you may have could boost their rates to upwards of 29% (don't be too surprised if they do. Now CCs check your credit report, and if ANY payment is late, that's the excuse to boost theirs!)

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