Credit Score

[sherryinutah]

Are you actively involved in improving your credit ?  Do you take care of your accounts?  Do you have some idea what your credit score is?

Confession.  I've made some mistakes in the past; however, I use Credit Karma and Credit Sesame to monitor my Credit score and my accounts, now.

I spent time working for a company where I reviewed credit applications and approved and denied lines of credit.  There were certain things I learned that
I now use in my personal life.

My strategy is....

to open a line of credit, which may mean that, I apply for and use a credit card.  Then I pay MORE than I'm suppose to ON TIME for at least 6 months.  After I've proven that I can consistently pay on that account I pay it off AND I request that the account be closed.  In doing that, I establish the fact that I can handle credit and my credit score will increase.

How do you manage your credit?