The end of the year is always a time for reflection . . . and painful as it might be, it might be a good time to reflect on your personal finances. If your credit score is not as high as you would like it to be, now is the time to think about some strategies to bump it up. Here are a few from practicalmoneyskills.com to begin:
- Pay your bills on time.
- Make more than the minimum payment when paying off long-term debts.
- Don’t open too many new accounts.
- Start paying off credit card debt rather than moving your balance to new cards.
- Keep credit balances low in relation to your available credit.
For more tips, click here.