New Threats to Your Credit Score
According to a recent article on MSN/Money, an increasing number of municipalities are turning over unpaid library fines, parking tickets, traffic fines, etc. to collection agencies. Thus, these sorts of things are now starting to turn up on people's credit reports, wreaking havoc with their FICO scores. The unfortunate thing is that such indiscretions may have more to do with absent-mindedness than with a lack of creditworthiness, but they count just the same. So be careful not to let such things slide by, or you might inadvertently wreck your credit.
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