Credit score is tricky. There are thousands of articles out there talking about credit score, and yet it’s so challenging to figure out why your credit score is the number it is. With that said, there is one particular thing that you can do to keep your score rocking, even if you have a few bad marks on your credit. It’s quite simple…pay your bills on time.
Your payment history has a 35% impact on your overall credit score. While a 30 or 60-day late might not have a big impact, a 90 or 180-day late will have a huge impact on your score for a long period of time.
On this podcast episode, I’m dishing all about this pesky credit trick and how you can keep your credit score on track. I also cover the popular topic of collections. This is a complete grey area, but I’ve got a few tips if you do have a collections on your credit report.
For more tips, follow me on Twitter @shannahgame, Instagram @millennial_money and at yourmillennialmoney.com.
Shannah Compton Game is a Money Wellness expert, host of the to-rated Millennial Money podcast, and CERTIFIED FINANCIAL PLANNER with an MBA. Millennial Money has over 15 million downloads in 164 countries. Shannah’s years of experience as a skilled Certified Financial Planner have set her on a mission to revolutionize how people think, act, and feel about their finances…and have some fun doing so.
