Tips To Clean Up Your Credit - KMPH FOX 26 | Central San Joaquin Valley News Source

Tips To Clean Up Your Credit

Posted:

If you're in the mindset of spring cleaning, you may want to include your credit.

A new survey out by Capital One shows 41% of Americans don't know what their credit score is right now.

Another 55% haven't checked it in a year, and 63% of young adults don't know what their credit score is.

One personal finance expert says keeping track of your credit score is key to financial health and offers advice on how to boost your credit.  Farnoosh Torabi says, "Start with paying your bills on time. This is the most critical factor in getting a healthy score. Your credit history, your billing history is about 35% of your score. So it's really important to automate your payments so you'll never miss a payment and you can always be sure that your billing history is polished."

In addition to paying your bills on time, experts say it's also important that you're not just paying the monthly minimum because that will likely keep your balance high and over the long run you'll pay a lot in interest.

And, if you're in the market for a new credit card do your homework. Financial experts say opening up three or four cards at a time may be too much. Every time you apply for credit there will be a hard inquiry placed on your credit profile. And, when you add those inquiries up, they can lower your credit score.

  • Local NewsLocal NewsMore>>

  • Fresno County Sheriff's Deputy and A Man Accused of Breaking Into A Home Get Into A Fight

    Fresno County Sheriff's Deputy and A Man Accused of Breaking Into A Home Get Into A Fight

    A Fresno County Sheriff's Deputy is recovering after getting into a fight with a man trying to break into a home. Investigators say the bad guy tried to run away and that's when the fight happened.
    More >>
    A Fresno County Sheriff's Deputy is recovering after getting into a fight with a man trying to break into a home. Investigators say the bad guy tried to run away and that's when the fight happened.

    More >>
  • Father of Fallen Soldier Speaks About Son's Death & Life

    Father of Fallen Soldier Speaks About Son's Death & Life

    Visalia resident, Frank Williams says his son Keith loved to make his friends laugh but most of all he loved to serve The United States of America.Private First Class Keith Williams died Thursday night near the Afghanistan-Pakistan border.Williams says when the truck Keith was riding in was hit an improvised explosive device.Williams says, "Keith was a dedicated soldier and he loved being a soldier and his mom and I are very proud of his accomplishments. Even though we lost him and it's very...More >>
    Visalia resident, Frank Williams says his son Keith loved to make his friends laugh but most of all he loved to serve The United States of America.Private First Class Keith Williams died Thursday night near the Afghanistan-Pakistan border.Williams says when the truck Keith was riding in was hit an improvised explosive device.Williams says, "Keith was a dedicated soldier and he loved being a soldier and his mom and I are very proud of his accomplishments. Even though we lost him and it's very...More >>
  • Customer Steals Parts While Bike Shop Owner Repairs His Bike

    Customer Steals Parts While Bike Shop Owner Repairs His Bike

    A customerdecided to help himself to bike parts atFulton Cycle Works in downtown Fresno while the ownerwas busy repairing his bicycle. The burglary was caught on the owner's security cameras. The owner Darren Johnson called the thief a semi-regular customer. "It' hurts, it hurts. I take it personal because I have to trust people in this spot to kind of be on their honor."Johnson says the thief helped himself to a pair of gloves, bike grips and a set of tires. He brought a second bike to the s...More >>
    A customerdecided to help himself to bike parts atFulton Cycle Works in downtown Fresno while the ownerwas busy repairing his bicycle. The burglary was caught on the owner's security cameras. The owner Darren Johnson called the thief a semi-regular customer. "It' hurts, it hurts. I take it personal because I have to trust people in this spot to kind of be on their honor."Johnson says the thief helped himself to a pair of gloves, bike grips and a set of tires. He brought a second bike to the s...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.