A good credit score will make your life more convenient in many ways. Not only will it be easier for you to get approved for financing that you may need, but you may also be able to save money on your car insurance. Thirty-five percent of your credit score is determined by your payment history. You can ensure that your bills are paid by making small payments through the month. It also helps you keep your credit utilization rate low.
You need to review your credit report regularly for errors. You need to dispute the errors. Once you dispute an error, the credit bureaus have 30 days to respond. You may be tempted to close a credit card that you have not used in a long time. However, you should keep them open so that you don't lower your credit utilization rate.
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