I Lost My Job And Am Having Trouble Paying My Bills. What Can I Do To Protect My Credit Record? - CREDIT INFORMATION

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TODAY'S SAVING TIP  Your credit report is a record of your loans, credit cards, payments and outstanding debts. The information is supplied by companies that have given you credit or loaned you money (lenders). Lenders give regular reports about your credit accounts ... Read more
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CREDIT INFORMATION: I lost my job and am having trouble paying my bills. what can i do to protect my credit record?


Make the minimum monthly payment due on all your credit accounts. This will ensure that you keep the account current while you are looking for another job. If you cannot meet the minimum payments, contact the creditor and ask if you can temporarily reduce or suspend the payments until you are back at work. Most lenders will try to work with you if you are honest about your problem.

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