|3 CREDIT CARD PRINCIPLES FOR SUCCESS|
|Posted on: Feb. 22, 2017 in Credit Score, Credit, Debt|
Credit cards can be a necessary part of building credit. Having a credit card, using it wisely, and making payments on a timely basis can help to elevate your credit score. However, abusing a credit card or simply letting it get out of hand can have negative consequences when it comes to your credit card. How you use credit is just as important, perhaps even more so, as if you utilize credit. Here are some things you can do to use credit to your advantage to keep your score as high as it can be.
Using a credit card successfully – keeping a low balance or none at all, and paying timely, will show that you are a responsible borrower that lenders can trust. The longer you can continue this behavior, the more credibility you build and the higher your score will go. These principles are the foundation of successful borrowing and are essential to a high credit score.
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