How to Keep Your Credit Score Healthy
It is more important than ever to make sure that your credit score stays as healthy as it can be. This can however be difficult for many individuals as they do not know how to properly maintain their credit so that it remains healthy. The following are several things to keep into consideration when you’re looking to maintain a healthy credit score.
Paying bills on time
You want to make sure that you are always paying your bills on time. You’ll find that not paying your bills on time is going to have fully affect your credit report as people are going to want to look to see what your bill-paying history and habits are. And remember that no bill is too small to overbook as even one skipped a bill to the utility company can affect your credit report. This is why it is incredibly important to make sure that you stay on top of your bills all the time.
Automate you bill-paying system
Make sure that you fully automate you bill-paying system if you have trouble paying your bills on time. Setup online baking to make automatic bill payments and make sure that they provide pain that remind are so that you know what a bill is coming due. That way you can be certain that you’re going to be paying your bills on time.
If you know you’re not going to be able to make a complete payment either make a late payment or smaller payments so that your least doing something to make sure that your bills paid.
If you have missed a payment make sure that you stay current after that. You want to make sure that you’re establishing positive payment patterns as they can often overshadow a past thing that problem. No matter if you are making of the payment for missed payment making positive payments after doing so can go far in helping to establish a healthy credit report.
Make sure that you keep the balances of your credit cards as low as possible and avoid maxing out your credit cards ask airing a high level of debt is going to hurt your credit score and making sure that you Maxell you’re available credit is definitely going to affect your credit score. You also want to make sure you are making positive progress in paying down your debt over a period of time.
You want to make sure that you think twice before closing any of counts that you do not use as that can likely lower your credit score. If you plan to close in a account start with anyone that you opened recently and for the sake of your credit history leave your whole list credit card account open. You also want to make sure that you’re not opening a whole bunch of credit accounts that once as its can lower your credit score as well.
Always make sure that you’re protecting your personal information like a Social Security number in your credit card account number. Identity theft should be a real concern to much more than your credit score.