If you have had problems in 2012 with getting a loan or better interest rates or have had an identity theft scare, 2013 is the year to take control of your financial life. The Equifax Finance Blog has a wealth of articles to help you get control of your finances and plan for your future, and one of their newest articles has tips to taking a more responsible and prosperous financial stance in 2013.
Five Things to be Mindful of for your Creditworthiness in 2013” goes over the basics to boost your credit score and improve your habits, like:
- Paying your bills on time – payment history makes up a huge chunk of your credit score – nearly 35 percent – so paying your bills on time is a great way to improve your credit score. It is also important to make sure that you pay on time even if you can’t pay in full – one delinquent payment that is just 30 days late can set your score back for as much as seven years.
- Checking your credit report – checking your credit report is a great way to get a handle on where you have been and what you need to correct, from debts to collections and more. Checking can also be a sure way to clear out errors or detect identify theft problems. If you are worried about , engaging in a credit monitoring service like the one Equifax offers can also be an excellent way to find help and stay safe.
For more info, see the Equifax Finance Blog.