Take these 7 steps to Healthier Credit

Post date: Aug 22, 2014 7:09:03 PM

Personal finance experts suggest seven simple steps to help everyone, including students, keep their finances on track. Use them as guidelines as you spend and save:

    • Always pay your bills on time.
    • Keep bills current for 12 consecutive months.
    • Keep balances below 50% of the credit limit.
    • Apply for new accounts only as needed.
    • Make sure information on credit report is correct.
    • Monitor co-signed and joint accounts.
    • Be ready to explain what caused the credit problem, and what you’ve done to make things better.