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TIPS FOR KEEPING
A HEALTHY CREDIT
SCORE
John J. Bowman Jr.
When the money you spend isn’t draining
directly from your checking account, it’s
easy to assume that you have more than
you do - and later find yourself under a
mounting pile of debt. Using a credit card
irresponsibly can lead you into debt, poor
credit, and financial troubles down the
line. A positive score makes securing an
apartment, car, or even mortgage far
easier than it would be otherwise.
USING A CREDIT
CARD CAN BE
RISKY.
PAY YOUR
CREDIT CARD
BILLS ON TIME
Whenever you make a purchase
using your credit card it is
imperative to pay your bill off in
its entirety as soon as it arrives.
Paying off your credit card in full
each month is one of the quickest
ways to build your credit without
putting an overdue burden on
yourself.
MAINTAIN A
LOW CREDIT
CARD BALANCE
Maintaining a low credit card
balance minimizes the risk of you
being unable to pay your credit
card balance in full once your bill
arrives. The higher your credit
card balance becomes, the more
difficult it is likely to be to make
full payments if you are on a set
or limited income that does not
fluctuate.
USE A CREDIT
REPORT
MONITORING
SERVICE
Credit report monitoring services
provide you with a complete
overview of your credit reports as
well as your scores according to
the top credit reporting agencies
in the country. Using a credit
report monitoring service is a way
for you to ensure you are not
missing any payments and that
your credit score is exactly where
you expect it to be before making
any future financial decisions.
Taking the right steps to maintain a positive credit score is
extremely useful when you want to improve the quality of your
financial standing in the future. Whether you are currently in
debt or building your credit score from the ground up,
implementing the right tips along the way is essential to
guarantee success.
THANK YOU.
For more, please visit:
JBowmanAccountant.org

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Tips for Keeping a Healthy Credit Score

  • 1. TIPS FOR KEEPING A HEALTHY CREDIT SCORE John J. Bowman Jr.
  • 2. When the money you spend isn’t draining directly from your checking account, it’s easy to assume that you have more than you do - and later find yourself under a mounting pile of debt. Using a credit card irresponsibly can lead you into debt, poor credit, and financial troubles down the line. A positive score makes securing an apartment, car, or even mortgage far easier than it would be otherwise. USING A CREDIT CARD CAN BE RISKY.
  • 3. PAY YOUR CREDIT CARD BILLS ON TIME Whenever you make a purchase using your credit card it is imperative to pay your bill off in its entirety as soon as it arrives. Paying off your credit card in full each month is one of the quickest ways to build your credit without putting an overdue burden on yourself.
  • 4. MAINTAIN A LOW CREDIT CARD BALANCE Maintaining a low credit card balance minimizes the risk of you being unable to pay your credit card balance in full once your bill arrives. The higher your credit card balance becomes, the more difficult it is likely to be to make full payments if you are on a set or limited income that does not fluctuate.
  • 5. USE A CREDIT REPORT MONITORING SERVICE Credit report monitoring services provide you with a complete overview of your credit reports as well as your scores according to the top credit reporting agencies in the country. Using a credit report monitoring service is a way for you to ensure you are not missing any payments and that your credit score is exactly where you expect it to be before making any future financial decisions.
  • 6. Taking the right steps to maintain a positive credit score is extremely useful when you want to improve the quality of your financial standing in the future. Whether you are currently in debt or building your credit score from the ground up, implementing the right tips along the way is essential to guarantee success.
  • 7. THANK YOU. For more, please visit: JBowmanAccountant.org