Your credit score is based on a number of factors such as payment history, length of time you’ve had credit, how much you owe and much more. There are no shortcuts to establishing good credit in St. Paul. It takes time to get your credit up from no credit or bad credit to a high score. Here are a few things to stay away from which will help your credit:
- Don’t miss payments on bills or loans. Late payments count against you.
- Don’t overdraw your bank account. You will be charged fees, and you can damage your credit record.
- Don’t leave utilities (gas, water, telephone, electric, cable) in your name if you move away from St. Paul. Always close out or transfer all accounts before you move. If accounts are in your name, they’re still your responsibility.
- Don’t forget to account for recurring bills on your credit card, such as subscriptions or club dues.
- Don’t let other people use your bank account, credit card, debit card or ATM card. You are responsible for what they do with it.