5. Pay your bills on time
This one is up there with stating the obvious, but keeping up with regular, consistent and on time payments for any and all of your bills is just a super smart way of improving and keeping a good credit rating. Missing a bill or even a late payment is very damaging to your credit rating, and when you apply for any form of credit, those agencies will check your file, notice that you aren’t all that great at keeping up with payments and put a big fat NO against your application.
It also pays to make sure you pay even the most inconspicuous of bills, such as library fines or video streaming services. Though these companies might not show on your credit file, if you amass a small debt they will eventually pass them on to a collection agency who will certainly impact your credit rating negatively.
