How to Keep Credit Scores High? How You Can Improve Your Credit Score Here ph
Your credit needs to be maintained to keep your score in good shape. Credit scores today are becoming more and more important and their purpose is ever increasing. Because having a good credit score, you can practically get and do anything easily. Good thing there are ways for you to keep it high that requires minimum effort.
1. Keep using your credit card. It’ll help you build up your score and prevent it from being stagnant. But don’t get too carried away though, use your card wisely. Never go beyond your limit as it will just hurt your credit score. Always stay 20-30% below to keep your score healthy, you’ll also be on the good side of the banks. If you’re thinking about not using your card to stop the bills from coming, think again. You will still pay for your card even if you’re not using it, your account may even be up for closure if you’re not using it. 2. Always, always pay your bills on time. This is the most common mistake that people commit. It is also very difficult to deal with. Missed payments will stay on your credit report for 7 years or even more. And as everyone knows, banks or companies often run a credit check to know if you are a risk or not. If they see your record with bad records, the chances of your application being rejected will be higher. 3. In order to maintain your credit score, one must check it regularly. Just get your free credit report from the three credit agencies. If you can, monitor it every 4 months so that you’ll surely be updated with the information on it. Make sure there are no errors in your credit report. If there are questionable items in it, dispute them immediately to your agency and clarify everything. The sooner you act on it, the better. Credit errors rarely happen but the fact that it can occur to anyone shouldn’t be neglected. If however you have a poor score, you can still do the things mentioned above to improve your score. Always keep track of your score and instill discipline when it comes to paying your bills. Having a credit card isn’t all about fun and shopping sprees, your credit will be a big part of your future so you better take care of it. What about you? What are your thoughts on this subject? Tell me and I'll send you a free gift.
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Do's and Dont's of the Credit Card Game Here pf Futhermore: How to Keep Credit Scores High?
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