It is extremely rare to come upon anyone, who at some point in time or another has not had financial difficulties. A missed credit card payment doesn’t make you a bad person, and it doesn’t mean you are a huge debt risk to creditors either. This isn’t to say you should miss payments, in the ideal world you wouldn’t, it is simply to say that there is a way to turn things around if you do miss a payment. It is important to find a way to turn things around, and once you do, to take that path. Keeping your mind clear, makes this manageable, and will help you get things back on track.
Although one missed payment won’t cause your score to plummet right away, it is important to take this missed payment as a sign, and to find a way to turn things around as soon as possible. If you allow longer term financial problems to occur, it is going to be much harder for you to get out of these financial woes. So, when you do miss the payment, focus in on it, and get yourself back on track; tell yourself it is not going to happen again in the future.
Make it a point to make the late payment when possible, and to make sure your future payments, are made on time. When you make this commitment and promise to yourself, that one missed payment will truly be only a one time occurrence. It might be a case where you find it hard to make payments in the future. If this is the case, look for alternatives right away. From debt consolidation to debt management plans, these are solutions that can help you, and are simple ways for you to stop the problem, before it continues to grow.