Pay your balance in full every month- Contrary to the belief that you should carry a balance in order to sweeten the proverbial pot for your credit issuer; it is smarter to handle the full balance of your credit card every bill cycle. If anything, paying off the full balance will encourage the creditor to re-assess the amount that they are allowing you to carry on your credit card or revolving account.
Pay attention to your credit card’s grace period- Credit card companies tend to offer a “grace period” that allows you time to pay off your credit account balance without incurring any fees or penalties. Read the fine print inside your membership or account package, as the terms of your account are a much overlooked factor of consumer credit ratings.
Read the fine print- The devil is in the details and there are many of them when it comes to the ins and outs of mastering your credit bill. Just remember that all the answers that you require are usually right in front of you, so store your credit cards billing safely for future questions that might arise.
Remove negative credit history-Contact and/or negotiate with creditors to remove derogatory credit records that might be affecting your credit score. Some creditors do not update their credit information for your account in a timely manner and this may reflect poorly against you.
Check your credit reports for inaccuracies – The three major credit reporting agencies are Experian, Transunion and Equifax and you should check them for inaccurate or fraudulent activities at least once per year, every year. All United States consumers are entitled to one free copy of their credit report once per year and this report can be accessed online at Annual Credit Report. It is important to correct matters (file a dispute) such as length of time your account has been opened, payment history, address or contact information and duplicate accounts. https://www.annualcreditreport.com/cra/index.jsp
Pay more than the minimum due- This might sound like a no-brainer but many credit card holders make a hefty mistake here. ALWAYS pay more than the minimum, do not let the credit card company tell you what to pay, remember that they are in business to make money and this is HOW they make it. The only way to win at the numbers game is to stay ahead of your payments.