The Do’s and Don’ts to avoid damaging your credit score

  • Do check credit report regularly. For the past years, an average of 66.67% Americans was traced to have not checked their credit reports.

 

  • img-3Don’t pay your credit card late. Even if late payments are not reported to credit bureaus until a month of
    overdue, paying a bill late is never a good idea. You may prevent having overdue payments by, keeping track of unpaid utility bills.

 

  • Do pay your income taxes on time. If available in your state, paying your taxes online could be useful. You can save and print the challan copy and the receipt copy even if you do it online.

 

  • Don’t blow off your parking tickets and don’t forget to pay your library fines. Neglecting these simple tasks is traced to lead to a damaged credit score.

 

  • Do validate errors on your credit report. Inaccurate faults found on your account will definitely be a problem.

 

  • Don’t open too many store credit cards. Having a lot of accounts may lead you to forget an account with a tiny balance, which will certainly damage your credit score.

img-4

 

Elizabeth Roberts

Elizabeth Roberts

Liz Roberts and her team are continuously providing information to people who are ready to repair their credit and improve their credit score. Also NewHorizon.org team strives to empower the homebased and small business owners by bringing information that can help them to manage and grow their businesses. Let our 24+ years of business finance experience help you to get the financing you need! CONTACT US if need financing for your business.

2 Comments
  1. Thanks for sharing. I will admit I’ve missed paying my credit card bill a lot, that’s why my credit score some time ago was really not good. I have gotten pretty far in catching up and I am making it my goal to make it by 2018 or so to have my debts paid. So far I’m doing quite good.

Leave a reply

NHBS Inc © 2024

NewHorizon.org is an independent, advertising supported website. The owner of the site may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. NewHorizon.org has not reviewed all available credit card offers in the marketplace.

Privacy Policy Terms of Use

NHBS Inc © 2022

NewHorizon.org is an independent, advertising supported website. The owner of the site may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. NewHorizon.org has not reviewed all available credit card offers in the marketplace.

Privacy Policy Terms of Use

Business Loans

Consumer Loans

New Horizon
Logo
Enable registration in settings - general