LIFE AND MONEY BY APEXXSECURE

6 Habits of People with Good Credit Score

1. Paying Bills on Time
   They consistently pay their bills, including credit cards, loans, and utilities, by the due date, avoiding late payments that can negatively impact their credit score.
2. Keeping Credit Utilization Low
   They use only a small portion of their available credit—ideally below 30%—to demonstrate responsible credit management.
3. Regularly Monitoring Credit Reports
   They check their credit reports for errors or discrepancies and address issues promptly to ensure their credit history is accurate.
4. Avoiding Excessive Credit Applications
   They limit new credit applications to avoid frequent hard inquiries, which can temporarily lower their credit score.
5. Maintaining Long-Term Credit Accounts
   They keep older credit accounts open to build a long credit history, which positively impacts their score.
6. Managing a Mix of Credit Types
   They maintain a healthy mix of credit, such as credit cards, loans, and mortgages, demonstrating their ability to manage different forms of credit responsibly.