TIPSFORMAINTAININGAHEALTHY CREDITREPORT

Pay bills on time: Consistently make payments by their due dates to avoid late payment penalties and negative impact on credit. Keep credit utilization low: Aim to use a small percentage of available credit to demonstrate responsible credit management.

Regularly review your credit report: Monitor for errors, inaccuracies, or fraudulent activity and report them promptly.

Limit new credit applications: Too many inquiries can negatively impact your credit score, so be cautious when applying for new credit.

Maintain a good credit mix: Have a diverse range of credit accounts (e.g., credit cards, loans) to showcase responsible credit management. Close unused accounts responsibly: Consider the impact on credit utilization before closing accounts, as it can affect your credit score.