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7 Common Mistakes That Can Lower Your Credit Score 1. Paying bills late
2. Not paying the minimum amount required
3. Keeping debt levels too high
4. Owning too many credit cards
5. Not alerting current or potential creditors if you’ve moved or changed names
6. Not periodically checking your credit report
7. Not using your full legal name in financial documents
6 Ways to Improve Your Credit Score 1. Pay your bills on time
2. Keep your balance low in relation to your available credit
3. Make more than the minimum payment
4. Don’t open a lot of new accounts over a short period of time, especially if you have a short credit history
5. Pay off credit card debt rather than moving it around to other cards
6. Review your credit report regularly and correct any significant errors
4 Reasons You Should Care About Your Credit Score 1. Whether you’ll be approved for credit cards, car loans, and student loans
2. What interest rate you’ll get on these loans
3. The cost of your car insurance
4. Whether you get that apartment you've been hoping for.
Top 5 Credit Myths 1. Myth: My score will drop if I check my credit
2. Myth: Once I pay off a negative record, it will be removed from my credit report
3. Myth: My poor score will be with me forever
4. Myth: Paying off my debt will add 50 points to my credit score
5. Myth: Closing old accounts will improve my credit score
Tips to Get Out of Debt 1. Make more than your minimum payment on your credit card
2. Pay off your highest interest-rates cards first, then move to the next
3. Call your creditors and ask for a lower interest rate
4. Make a budget and stick to it
5. Revisit your childhood days and bring your lunch
6. Get a part-time job or increase your hours
7. Leave your credit cards at home
The Cost of Credit While that midnight pizza run or great new sweater may have seemed like a good idea at the time, have you ever thought about how much all those “good ideas” cost you
The Credit CARD Act The 2009 Credit CARD Act means new benefits for consumers, like more detailed account information and more credit options, plus additional laws meant to protect people under 21. Find out what the Act means for you.