52 Weeks: Credit – Return that movie! Take back the library book!

My credit union’s newsletter this week tells me that libraries’ budgets are now so tight that they are taking late fines more seriously than ever. If you don’t pay up, they may report it to the credit bureaus. That could lower your credit score. Some movie rental places have been doing this for years. Someone I know moved his credit rating from mediocre to bad by chronic movie return lateness.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s