April is Financial Literacy month and it’s an excellent time to examine your financial standing and perhaps make some changes for the positive. An excellent place to begin your financial spring cleaning is to take a look at your credit score and understand some factors that might be negatively affecting it. A credit card is a valuable tool and a credit score is a major factor in many of life’s most important purchases. There are some common misconceptions about them though, such as whether you should close out a card you have paid off or apply for multiple cards at once. But once you understand the basics of credit use and management the path to financial success is yours for the taking. It simply requires understanding, self control, and patience.
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5 Tips to Improve Your Credit Health This Financial Literacy Month