New Job? 3 Actions To Take To Protect Your Credit.
New job? Congrats! Here are three actions that you can take to protect your credit score during the job transition:
Monitor Your Credit Score: Unfortunately, we see a lot of families that run into late payments or new collection accounts because of a job transition. Monitoring your credit score can help protect you from surprises on your credit.
Highlight Vulnerable Accounts: Changing a job could mean new pay dates or even a short period without income. If that’s the case, there may be accounts that are vulnerable to delinquency or late payments. Highlight vulnerable accounts so that you know how to structure your budget during the transition.
Contact Your Creditors (if needed): Being proactive can save you both money and a serious headache. If you think there are vulnerable accounts that could fall behind due to a job transition, it’s best to contact your creditor or bank to ask for a change in bill date or a goodwill option to avoid getting behind on your account.
We wish you the best of luck with your new job, and hope this helps you protect your credit during the transition. If you’re looking for a great credit monitoring option, check out SmartCredit.
If you have credit problems, we’re here to help. Schedule a Free Credit Evaluation today.