- Your credit report is an effective and reliable tool to access your historical and current credit transactions with the data providers.
- One of the main reasons for default is the absence of credit culture and financial planning
- To avoid default, do not borrow from unauthorized institutions, in order not to fall victim to fraud.
- Ensure paying on time, in order to avoid default
- The credit report helps you organize your financial obligations and planning
- Savings is the deduction of an amount of money for future use
- Data Providers are prohibited from inquiring on customers without prior consent.
- The customer has the right to dispute at any time against any of the credit information mentioned in the credit report
- Repetition to request credit facilities within a short period of time will affect your credit score.
- Determine your loan goals and evaluate their importance so that you do not fall into financial crises in the future.
- Always get an invoice that shows the details of the amount you have paid and value of the payment, in order to guarantee your rights and protect yourself from unexpected risks
- Keep balances a percentage balance of your total credit limit.
- Have a mix of credit types, ensures a better score.
- Apply for new credit in moderation.
- Keep old credit accounts open to help with credit history length for better decisions.
- Review your credit reports frequently throughout the year to ensure accuracy
