Sentences with phrase «always keeping the balance lower»

Tip: Charge a small balance and pay the card off every month, always keeping the balance lower than 25 to 30 percent of the limit.

Not exact matches

Two primary ways to handle your credit credit accounts responsibly is to make sure your payments are always processed on - time by the card issuer and by keeping your balances low in relation to your credit limits.

Keep your credit balances low (less than 30 %) and always make more than your minimum payment.

Since you don't know when your card issuer reports to credit bureaus, the best way to optimize your credit utilization is to always keep your card balance low.

I would also reiterate that Chase has always treated me more than fairly, in fact my chase cards have been among the lowest - charging interest-wise (9.9 % on purchases for years and years) and they have allowed me to keep low rate balance transfers for YEARS even though I have charged no purchases on the cards over that time.

Stop applying for new credit cards about one year before you apply for a major loan, continue to always pay your balance off in full every statement, and aim to keep your credit utilization at 10 percent or lower for all your personal credit cards.

Sure, some of them may not have rewards or special perks, but if you can prove you're capable of using them responsibly — meaning keeping your balance low and always paying your bill on time — you will build good credit.

«A high FICO score can best be achieved by regularly and responsibly utilizing a few accounts of different types, while always paying on time, keeping balances low and applying for new credit only when needed.»

But, as you have had more experience with credit, as long as you have had positive credit habits (always paying on time, obtaining a mix of credit, keeping credit card balances low), your credit score should continue to improve over time.

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.

That's why it's always good advice to keep your credit card balances low — the lower the better.

Since FICO says a good score is more dependent on always paying bills on time, keeping credit card balances low and opening new loan accounts only when necessary, there is little reason for most borrowers to actively seek out a mix of credit.

To always keep them in good shape, pay bills on time and keep a low balance.