How to Maintain a Healthy Credit Score

Improving your credit scores takes time, the higher your scores will be more likely you are to qualify for loans and credit cards.

Read on to find out more to know what affects your credit score.

Pay your bills on time. Late payments can affect your credit score, make it a habit of paying them by the deadline.

Keep your credit card balances low. If you can’t afford to pay the total amount due at least make the minimum payment and remain in good standing with the credit card company.

Don’t close old credit cards that have a positive credit history. Try keeping your oldest credit account open as long as possible especially if you have a good credit history.

Manage your debt. Create a Monthly Bill Payment list for you to monitor on what bills you need to pay. Keeping a record will result in less stress and to avoid overdue payments.

Monitor your credit report. Regularly tracking your credit score is a great way for you to stay on top of your credit and potentially improve your credit score. 

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