How Are Your Actions Impacting Your Credit Score?

As a consumer, we are becoming more and more aware of the impact our credit score has on our lives—from purchasing an auto or home to getting a job. However, many of us are still unclear about the things that we are doing that determine our credit score.
 

It used to be that credit reports were limited to payment history on loans such as mortgages, auto and credit cards.

But, Times Are Changing
While credit reports do not contain information on marital status and income, credit agencies are finding new ways to collect this data. Soon everything from late rent and cell phone bills to homeownership association dues could impact our credit score.  

Pay All Bills on Time, Always

To ensure good credit, make sure to pay all bills on time. It’s important to set aside a designated time every week that’s free of distractions and focus on paying your bills and organizing your finances. Being on top of things is a good feeling!

What Does Your Credit Report Look Like?
Take a few minutes to get a free copy of your credit report by visiting www.annualcreditreport.com.