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Q.Can an unpaid parking ticket or lost library book really lower my credit score?

A.Yes. Most people know that paying your credit cards late, or letting them fall into collection, will lower their credit score. People also generally know the same holds true for unpaid medical bills. But did you know that an overdue library book and an unpaid parking ticket might also do the same amount of damage? A growing number of government agencies seeking to increase their revenues are using collection agencies to collect on delinquent accounts.

Copyright 1999-2019 Melissa C. Marsh. All Rights Reserved. All Information on this website is subject to a Disclaimer and Use Agreement. This information is provided as general information only and should not be construed as legal advice. We advise you to seek the advice of competent legal counsel to address your own specific questions, facts and circumstances.