
Get a Handle on Your Debt
It is crucial to pay every bill on time. Even one late or missed payment can negatively impact your credit. Set up automatic payments from your bank account to ensure you pay at least the minimum required payment each month. Get into the habit of paying down credit card balances as much as possible to prevent charges from building up to the point that your debt is out of control. On time payments will also improve your credit score, or FICO score, which tracks payment history. The more often you make on-time payments toward your accounts, the higher your score.