As long as you pay on time each month, you will not be reported as delinquent. If you are reported as delinquent to the credit reporting agencies, this will affect your credit bureau score, such as your FICO® score. Late payments are one piece of information that credit reporting agencies use when calculating your score The best thing you can do is make your payments on time each month – that way you won’t be reported as delinquent.
To make it easier for you to keep track of when payments are due, American Express has free mobile or email alerts that will remind you of payment due dates and confirm when payments have been received.
We also offer convenient ways for you to make payments, free of charge:
- Online at americanexpress.com/pbc. (You can enroll in AutoPay to schedule ongoing automatic payments to make it easy to pay on time each month. You will need to have your banking information on hand when you first enroll).
- By phone at 1-800 I-PAY-AXP (1-800-472-9297).
For other credit building tips, visit How to Improve Your FICO Score.