What’s in a number anyway?

Putting all your effort and focus on just your credit score is fruitless it will yield little too no results. So what should you put your energy into? Applying yourself to take back control of your credit.

1.  Debt Usage – Maxing out your credit cards is not going to help you or encourage your creditors to give you more credit. Keeping your utilization under 35% is a positive on your credit report and will help maintain a positive credit score.
   
   
2. Inquires – Every inquiry is going to lower your credit score by at least a few points – more often than not by 5-10 points. So don’t go out and apply for every credit card a teller offers to you. More credit doesn’t mean good credit.
   
   
3. Payment History – having an on time payment history is a GOOD thing if you can’t focus your energy on anything else – pay your credit cards on time.
   
   

Building and maintaining a positive credit score can be daunting but stick to the basics and don’t charge on a whim and your credit report will maintain a healthy balance.