Not as on track with your finances as you would like?
March is National Credit Education Month. This is a great time to manage your finances and get on top of your incomings and outgoings, and any credit you might have. Throughout the month, we will share with you some basic tips and resources to keep track of your credit score.
Pay your bills on time - Not only will paying your bills on time help your credit score; it will also save you money. When you pay your bills on time you will not be charged a late fee or penalty, we don't know what tomorrow will bring, having a credit score that's in good shape is a smart move.
Have a mixture of credit types - A variety of credit account types is best, it's one factor generally considered when calculating your credit scores. If you have a mortgage, an auto loan, and two credit cards, that's regarded as a nice mix of credit that will help keep your score healthy.
Set up a budget and live within it - If you're living within your means, you have enough money to cover all expenses and you can avoid using your credit.