9 Tips to Practice Good Credit Health

Sponsored by JPMorganChase Good credit can help unlock the door to a brighter future. That’s not just a metaphor – your credit score is one of the first pieces of information lenders review before approving you for a mortgage, business loan or other purchase requiring finance. A strong credit history could help position you as a more trustworthy borrower. Think of building credit like practicing good hygiene. The more you maintain good financial habits and clean up past mistakes, the better your credit can be. Here are nine important tips to help establish and maintain good credit health. Check your credit reports Reviewing your credit report is the first step in finding information that may be affecting your score. You have a credit report with the three major bureaus. You can access your ExperianTM credit report for free with Chase Credit Journey®. Monitor your credit score This three-digit number can be key to your lender’s decision and helps determine the interest rate offer you’ll receive. With a higher credit score, you may be able to lower your interest rate. Keep in mind, credit score is just one of the many factors considered. The five main categories that determine your credit...