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Honor Your Agreements With Vendors .

Honor your agreements with vendors . Do not stop making installment payments because you are dissatisfied with an appliance you bought. Instead, try to resolve the issue with the vendor, even if it means going to court. Vendors who grant you credit on purchases can report to the credit agencies. Another common mistake people make is they stop honoring sales agreements they make with mobile phone companies. Many mobile phone carriers give away phones for free with a one or two year contract. People who break their contracts will be reported to credit bureaus.

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