You’ve probably heard that having a good credit score is important for financial matters, such as qualifying for loans. But there are more perks to having a good credit score – let’s explore a few.
Whether you just opened a checking account or have had one for years, it’s important to manage it wisely. Consistently mismanaging your account could cause it to be closed and may lead to a negative ding on your credit report. Don’t let that happen to you! Here are tips to be smart with your checking account.
Your credit report is a list of information related to your credit activity. Businesses that give you a loan or credit keep track of how much and often you pay, as well as the credit limits and loan balances.