The mission of the Department of Defense is to provide the military forces needed to deter war and to protect the security of our country. The department's headquarters is at the Pentagon. Get the latest DoD News products delivered to your inbox.
Worse, late payment may cause you to forfeit some or all of the rewards you've accumulated. By the time your account is 180 days late, i.e. you've missed six payments, the card issuer will typically charge-off the account, writing it off as a loss. The charge-off goes on your credit report and stays for seven years.
Pay your bills on time. Prioritize and schedule your monthly payments, making sure to pay at least the minimum payment on time every month on all your accounts. Your payment history makes up approximately 35% of your credit score, so making timely payments is an important way to improve your credit score. Itâs a good idea to have your credit card bill paid automatically on the due date, using automatic payments.