Money Saving Tip No 56 : Pay on Time

For every payment you pay late, you are charged a late fee, which can range from $25 to $50 or more depending on the company.  Therefore, if you just made a $50 payment but it was paid late, nothing was paid toward the debt.

Instead, the entire $50 went toward an unnecessary fee.  To avoid spending unnecessary money, be sure you mail your check in time to avoid these fees.

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