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“๐˜ ๐˜ธ๐˜ช๐˜ญ๐˜ญ ๐˜ฏ๐˜ฐ๐˜ต ๐˜ถ๐˜ด๐˜ฆ ๐˜ฎ๐˜บ ๐˜ค๐˜ณ๐˜ฆ๐˜ฅ๐˜ช๐˜ต ๐˜ค๐˜ข๐˜ณ๐˜ฅ ๐˜ด๐˜ฐ ๐˜ฎ๐˜บ ๐˜ค๐˜ณ๐˜ฆ๐˜ฅ๐˜ช๐˜ต ๐˜ถ๐˜ต๐˜ช๐˜ญ๐˜ช๐˜ป๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ธ๐˜ฐ๐˜ถ๐˜ญ๐˜ฅ ๐˜ด๐˜ต๐˜ข๐˜บ ๐˜ญ๐˜ฐ๐˜ธ.”

Oops! That’s not how it works! Not using your credit cards does not help increase your score!The best way to help your credit score is to show you can manage debt properly. If you have 3 to 4 credit cards, use them responsibly. Make sure the balances never go above 30% of the credit limit.

Paying down the balance before the billing cycle ends or paying several times throughout the month will help keep your balance low. The biggest factor is paying on time and the second-biggest factor in your credit score is your credit utilization. As soon as your credit card reports a lower balance to the credit bureaus, that lower utilization will be used in calculating your score. Ideally, keep your credit utilization below 30%. Best to have it between 1-9% to see fast improvement!

“๐˜ ๐˜ฌ๐˜ฆ๐˜ฆ๐˜ฑ ๐˜ง๐˜ฐ๐˜ณ๐˜จ๐˜ฆ๐˜ต๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜ฎ๐˜บ ๐˜ฑ๐˜ข๐˜บ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต๐˜ด. ๐˜š๐˜ฐ๐˜ฎ๐˜ฆ๐˜ต๐˜ช๐˜ฎ๐˜ฆ๐˜ด ๐˜ ๐˜ญ๐˜ฐ๐˜ด๐˜ฆ ๐˜ต๐˜ณ๐˜ข๐˜ค๐˜ฌ!”

You can set calendar reminders so you won’t forget to make payments! You can list all your accounts in order, write the minimum payment for each, add up the total of your monthly debt, write down the extra amount of money you can apply towards your debt each month. You can also use a specialized app for organizing your money and reminding you about your bills.

๐˜ ๐˜ฎ๐˜ช๐˜ด๐˜ด๐˜ฆ๐˜ฅ ๐˜ข ๐˜ฑ๐˜ข๐˜บ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต ๐˜ข๐˜ฏ๐˜ฅ ๐˜ช๐˜ต’๐˜ด ๐˜ฃ๐˜ฆ๐˜ฆ๐˜ฏ 30 ๐˜ฅ๐˜ข๐˜บ๐˜ด. ๐˜ ๐˜ฅ๐˜ฐ๐˜ฏ’๐˜ต ๐˜ฌ๐˜ฏ๐˜ฐ๐˜ธ ๐˜ธ๐˜ฉ๐˜ข๐˜ต ๐˜ต๐˜ฐ ๐˜ฅ๐˜ฐ.”

If you miss a payment for 30 days, pay up as soon as you can. You may be charged for an interest fee and late payment fee but the account is will not yet be reported to the bureaus. However, if you are more than 30 days late, the creditor/bank/lender will report to the bureaus. In that case of missing a payment for more than 30 days, you can try asking for a good will removal. The impact of late payments fades over time and adding good standing credit accounts can help speed that up.

๐‘ผ๐’๐’…๐’†๐’“๐’”๐’•๐’‚๐’๐’…๐’Š๐’๐’ˆ ๐’š๐’๐’–๐’“ ๐’„๐’“๐’†๐’…๐’Š๐’• ๐’“๐’†๐’‘๐’๐’“๐’• ๐’‚๐’๐’… ๐’„๐’“๐’†๐’…๐’Š๐’• ๐’”๐’„๐’๐’“๐’† ๐’Š๐’” ๐’‚ ๐’‰๐’–๐’ˆ๐’† ๐’‘๐’‚๐’“๐’•. ๐‘ฉ๐’†๐’Š๐’๐’ˆ ๐’†๐’…๐’–๐’„๐’‚๐’•๐’†๐’… ๐’‚๐’” ๐’•๐’ ๐’‰๐’๐’˜ ๐’š๐’๐’–๐’“ ๐’„๐’“๐’†๐’…๐’Š๐’• ๐’”๐’„๐’๐’“๐’† ๐’Š๐’” ๐’‡๐’๐’“๐’Ž๐’†๐’… ๐’†๐’๐’‚๐’ƒ๐’๐’†๐’” ๐’š๐’๐’– ๐’•๐’ ๐’ƒ๐’† ๐’ƒ๐’†๐’•๐’•๐’†๐’“ ๐’‘๐’“๐’†๐’‘๐’‚๐’“๐’†๐’… ๐’˜๐’‰๐’†๐’ ๐’š๐’๐’– ๐’‚๐’“๐’† ๐’“๐’†๐’‚๐’…๐’š ๐’•๐’ ๐’‚๐’‘๐’‘๐’๐’š ๐’‡๐’๐’“ ๐’•๐’‰๐’† ๐’๐’๐’‚๐’๐’” ๐’š๐’๐’– ๐’๐’†๐’†๐’….

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