Lesson 4: Start Protecting Your Credit Score
Your credit score is the number by which financial institutions—insurers, lenders, even employers these days—gauge your responsibility. You want it to be as close to 800 as possible.
Here are two things you can do right away to improve your credit score:
1. Pay your bills on time.
2. Pay down the balances on your credit cards, particularly the cards that are nearly maxed out.
Do it, say this, and sound smart: "Well, I pulled my credit report for free from www.annualcreditreport.com. Good thing, too, there were a couple of mistakes I had to fix. That should make my credit score go up."