If you’ve never pulled your credit report and looked through it, you’re blindly trusting that all of the information in the file is correct.
By law, you are allowed to get one free copy of all three credit reports every 12 months from each of the national consumer credit reporting agencies, Equifax, Experian and TransUnion. These reports do not include credit scores, but they show what’s been reported by creditors, including how you’ve kept up with payments to utilities, mobile phone providers and other businesses.
4. Never Exhibit Symptoms of Risk
It’s never a good idea to hint that you’re in a situation that may be risky. Two of the big things credit agencies look at are missed payments and charging more to your credit cards than normal. Consistency is your best friend and you should avoid anything that indicates you’re in trouble.
It’s also unwise to take a cash advance unless you absolutely have to. This implies that you’re in a bad financial situation and are likely to default on debt or miss payments in the near future.
Your Credit Score Matters
It’s easy to feel like your credit score doesn’t matter. However, it’s the defining factor many individuals and organizations rely upon when determining whether or not they can afford to do business with you.
Unless you want to live a life of constantly being rejected by lenders, you’d do well to pay attention to your credit score and actively seek out opportunities for improvement. Thankfully, a little bit of effort can go a long way.