There's a sense of injustice about paying for something you received courtesy of the plastic a week ago - you almost feel cheated out of your money. Perhaps this is why nine million Brits are risking their financial future by missing such crucial bill payments.
Research from MoneySupermaket.com found a potentially damaging culture of people missing bills, with 18 per cent of the population falling to this bad habit at least once in the past 12 months.
Credit card repayment came out on top as the most commonly missed bill, with council tax coming second. Mobile phone and electricity bills were also high on the list.
More than a fifth (22 per cent) of people worry about what a missed payment will do to their credit rating, and they are right to - missing a payment could have a dangerous effect on those looking to apply to borrow money in the future.
However, a similar proportion (23 per cent) of respondents had a slightly more devil-may-care attitude, admitting they don't even think about their rating. These were typically 18 to 24-year-olds, while 25 to 34-year-olds proved to be the most concerned about their access to credit in the future.
"With times being so tough for most UK households and spare cash being tight it is easy to see why people may have difficulty in paying bills on time, or in some cases at all," said Kevin Mountford, head of banking at MoneySupermarket.com.
"However, while delaying payment on some types of bills won't impede your credit report, being late on others can have a major impact on your financial future, with credit cards being the most missed payment according to our research."
A late or missed payment on a credit card repayment will always find its way onto your credit report, so it's essential customers have their financial affairs organised so they may avoid this potentially costly mistake.
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