Tips On Maintaining Good Credit

Tips on establishing and maintaining good credit:

• Pay your bills on time, especially mortgage or rent payments. Apart from extreme circumstances like bankruptcy or tax liens, nothing has as much of an impact on your credit as a history of late payments.

• Don't max out available credit on credit card accounts.This indicates you're having problems managing your finances.

• Don't apply for too much credit in a short amount of time. Multiple requests for your credit history (not including requests you make to check your own status) can have a negative impact on your score.

• Reduce the amount of debt you owe. On credit cards, keep your credit balance below 50% of the available credit amount to maintain your credit score, or below 30% of the available limit to improve your credit score.

• Periodically check your credit history for errors. If you would like a free copy of your credit report, please contact me!