WASHINGTON (11/10/15)--When you swipe your credit card, you might not be thinking about what your creditors are doing to make sure they recover the money they just loaned you. But, as you make your next purchase, make sure to protect your credit score (U.S. News & World Report Oct. 5).
Your credit score is a three-digit number that creditors use to assess how likely you are to repay your loans. A high score can help you qualify for the lowest interest rates and gives you the ability to borrow money for purchases.
Here are seven things you can do to make sure your credit score stays healthy:
Make sure that the good credit score you’ve worked so hard to build stays that way. For related information, read “Learn Your Credit Score for Free” in the Home & Family Finance Resource Center.