Basic tips for improving your credit score
November 19, 2008 by Jennifer Chait
Filed under Consumer Information, credit
Around the holidays, many folks turn to credit for at least some of their holiday shopping. That said, I figure it’s a good time to go over some basic tips that will keep your credit score in good standing.
Obvious tips:
Pay your bills on time all the time.
Credit is best used as a tool for ease of shopping, or to gather perks, not as a loan. If you can, pay off your cards in full each month.
Keep your balances low – high revolving credit affects your score negatively.
If you miss payments, catch up as fast as you can. The quicker you …read more
