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.
Don’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.
Don’t pay your credit card late. Even if late payments are not reported to credit bureaus until a month of
- 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.
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.
Hi Roger! Good to hear that you are doing great in paying your debts. With determination, planning and discipline you can be debt free in 2018. Just stick to your plans and your budget. Here are tips on how you can dig yourself out of credit card debt more quickly. I hope this can help 🙂