It’s common for people to think that credit cards are trouble – the grim key that opens up the doors of debt. Contrary to what the majority thinks, using credit cards have a ton of benefits, including cash backs, rewards points, and even financial freedom.
But, how can you properly build your credit score?
Aside from getting credit solutions in Port St. Lucie, Florida, there are several good credit habits you can practice for you to accumulate a good score.
Here are a few of them:
- Make 100% of your payments on time.
Always remember that bills that go unpaid may be sold to a collection agency, which can cause serious damage to your credit.
- Keep your credit utilization low when using credit cards.
Most agencies that provide credit consulting in Florida suggest you keep your credit utilization below 30% on all your cards.
- Avoid simultaneously applying for multiple credit accounts.
It is recommended that you space your applications by about six months.
- Lastly, keep your credit accounts open.
Unless you have an especially compelling reason to shut down your account, consider keeping it open.
Having a good credit score can open up more opportunities not just for you but also for the people you love, as well. Get a free consultation from Glow Up Solutions LLC today.