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Blog ID : 148681
1 Keep your credit card balances low by making timely repayments during every billing period. The BMO Harris survey finds that 39% of men pay off their credit card balances compared to 27% women while 14% of men pay off their overall balance compared to 10% women.
2 Pay your bills on time to maintain a clean payment history and credit record. According to the survey, 74% men make timely repayments compared to 59% women.
3 Prevent getting a collection account on your credit report. If you default bill payments, the lender is more likely to report your case to a collection agency. Having a collection account on your credit report will adversely affect your credit score.

Category : Finance
Tags : student loan, credit score
Partner Blog: No
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Hits : 227
Date Added : 26-12-2014