Our Focus in this Month's Newsletter Understanding Credit
With Halloween taking place in October we thought it seemed fitting to focus on a topic most find scary - Understanding Credit. Let's address using credit wisely. Credit can be a flexible and convenient way to purchase goods over time. However, if not used responsibly, you incur fees and negative consequences. But, one can avoid the frightening consequences of failing to use credit properly by keeping these three tips in mind:
- Pay On Time - A key element of your credit score is paying your bills on time. Know your due dates.
- Don’t go Over - Keep track of your limits and don’t spend more than you can afford.
- Know Your History - Your credit history is your credit report, and can be checked regularly for free.