Are you behind on your bill payments? If so, you're not alone, as one in three Americans is late on paying a bill.
But do you know all of the consequences of paying bills late?
A late bill payment can have negative effects on your credit report that last up to seven years. This can make it extremely difficult to acquire loans, obtain insurance and even get that new job.
If you find yourself behind on debts, make sure to read this article for ways to pay your bills on time: http://www.forbes.com/sites/kateashford/2014/07/30/americans-in-collections/?ss=personalfinance
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