In the long run, these three factors are pretty small compared to maintaining
good credit habits like paying your monthly payments and keeping your account balances low.
Good credit habits like always paying bills on time, keeping balances low, and only opening new credit cards when you need them can all have a positive effect on your financial health.
Not exact matches
Similarly, compare the
credit cards that seem
like a
good match for your spending
habits and then apply for it.
Just
like losing weight and keeping it off over time requires that you develop a few new skills and a lifestyle of healthy eating, improving your
credit score requires that you develop and maintain a few
good financial
habits.
For those with more moderate spending
habits (falling around $ 1,000 a month) cards
like the Capital One ® Quicksilver ® Cash Rewards
Credit Card may be a
better fit.
Once your hectic financial situation has settled down — and if the crisis was more a rare event than a
habit when it comes to your
credit history — then it's a
good time to sit down with a
credit expert
like the professionals at GoCleanCredit.
So, I
like to encourage folks not to chase the
credit score, but to chase those
good money
habits instead.
Just
like any other
credit card you apply for, you'll want to understand your commitment and make the
best choice for your spending
habits and style.
According to several recent studies, a large number of large insurance companies analyze a range of your personal data (
like credit scores, web shopping
habits, and social media activity) with an algorithm that decides how likely you are to look for
better deals.