More For Your Money - University of Illinois Extension

http://MoreForYourMoney.extension.uiuc.edu

Using Credit Wisely

  1. Using Credit Wisely
    A credit report gives information to creditors both current amounts you owe and how you have paid your bills in the past.
  2. Using Credit Wisely
    Mistakes about your bill payments that appear on a credit report can never be changed.
  3. Using Credit Wisely
    Your credit score cannot be used by lenders in setting the amount of interest you pay on a loan.
  4. Using Credit Wisely
    Your payment history, how much you owe, and the length of time you have had credit are used in creating your credit score.
  5. Using Credit Wisely
    The best way to improve your credit score is to pay your bills on time.