
12. Don’t Fall Behind On Payments
When most people go through an emergency, they tend to forget some of their responsibilities. That might include paying their bills on time. Or you might end up in a financial situation where you simply can’t afford the minimum payment. If you find yourself in this situation, always call the credit card company or your loan provider to tell them that you are going to be late. Most banks have a grace period for least two weeks. Many banks and credit card companies are also willing to help you if you have been directly affected by the national emergency. When you make the effort to contact these companies ahead of time, this will not negatively affect your credit score.

If you ignore your problems and fall into a pit of despair, this could negatively affect your credit score, and could eventually lead to your debt going into collections. One day, when you’re in a better situation, it will be much harder for you to buy a house and move on with your life. This is why it’s so important not to fall behind on payments. Do everything you can from selling on eBay, driving for Uber Eats, or asking family for help.