6 Tips to Avoid Late Payments

10628298_sFailing to make your bill payments on time can make a bad financial situation even worse. Being late means late fees, which can make it even harder for you to meet your debt obligations. Similarly, making late payments can also result in a damaged credit score, which can impact you long after your debt has been resolved. As a result, you should take all possible action to make your payments on time so long as it will not make your financial situation worse.

How to Avoid Late Payments

Please use these 6 tips to make sure that your payments are made on time:

  • The simplest and most straightforward method for making sure that you pay on time is to make your payments as soon as the bills come in. This way, there is no possibility that you will forget to make a payment.
  • Similarly, if you are able to set up pre-authorized payments, you can make sure that your payments will always be on time. However, this is not always possible since there are some bills will likely come irregularly at varying amounts due.
  • Whether you use electronic calendars or still prefer their paper-based predecessors, you can use them to set up reminders to yourself. However, be sure to use the one that you check the most often! If you’re using a calendar on your phone or computer, set alerts to remind you that a payment is due.
  • Depending on your creditor, you may be able to ask them to send reminders of the payment date as it approaches. Be sure to ask your creditors if they offer this option.
  • If you are still making your payments by sending checks through the mail, you should give some thought to switching over to online banking. Unlike checks, online payments will never be lost in the mail. Better still, they will always arrive on time.
  • Some creditors are willing to change payment dates so they line up with your payday. This is particularly useful if you are someone who has problems with late payments because they fail to budget accordingly.
Navigation
Google+ Twitter Facebook

Niiwin, LLC is a commercial enterprise and instrumentality of the Lac du Flambeau Band of Lake Superior Chippewa Indians, a federally-recognized sovereign Indian nation (the “Tribe”) and operates within the interior boundaries of the Lac du Flambeau Reservation. Niiwin, LLC is chartered under and operates pursuant to Tribal Law. Loans from Lendgreen are governed by the laws of the Tribe, not the law of your resident state.

This is an expensive form of borrowing. Lendgreen loans are designed to assist you in meeting your short term borrowing needs and are not intended to be a long term financial solution. The Annual Percentage Rate (APR) applied to your loan will vary depending on the pay period. The maximum APR on any Lendgreen loan is 795%. Before borrowing, please consider whether you will be able to repay the amount you borrow. Any instances of late or no-payment may be subject to additional NSF and late fees, and collection activities. Cash advance services through this website are not available in all states and state availability may change from time to time without notice. Lendgreen does not lend to residents of AR, GA, MD, MN, NY, PA, VA, WV, WI, or to members of the military.

Lendgreen does not perform credit checks through the three main credit bureaus (Experian, Equifax, TransUnion). A credit check or a request for your credit report may be executed in some circumstances to determine loan approval status through an alternative provider including but not limited to, Clarity, DataX and Factor Trust. These alternative providers will typically not affect your credit scores.

OLA Badge