INSPIRATION – TYLER

Your credit score is fragile – a few missteps can lead to steep plunges. Here are some tips to manage credit wisely and avoid damage:

1. Pay bills on time – Payment history is the biggest factor in your score. Set up autopay or calendar reminders to never miss due dates. 
2. Keep balances low – High utilization hurts your score. Try to keep balances below 30% of your credit limit on each card. Pay off cards in full if possible.
3. Limit hard inquiries – Each application for new credit dings your score a few points. Only apply for what you need urgently and space out applications by six months.
4. Don’t close old accounts – Long credit history also boosts your score. Keep old accounts open unless an annual fee applies.
5. Check reports regularly – Dispute and correct errors promptly to avoid score drops. Review reports from each bureau annually. 
6. Set up alerts – Many banks offer alerts to notify you of big balance changes or suspicious activity related to your accounts. Monitor closely.
7. Communicate with issuers – If you anticipate … or reduced rates to help you get back on track.
8. Avoid co-signing – If the primary borrower misses payments, it damages your credit too. Co-sign only for absolute emergencies.

Your credit score takes time to build, but just a few missteps to fall. Stay vigilant and proactive to maintain good credit and your score. Responsible habits will be rewarded.