If it’s down to your last $100 for the month and you can only pay one creditor, will it be your Visa card or your utility bill? Most people will immediately think to pay their utility bill, but is that the right choice? Remember, your utility company will not cut off your services if you miss one payment. However, your credit card company will certainly report you late to the credit bureaus!! When having to make these choices, try to pay debts that are reported to the credit bureaus first.
