Four Steps to an Awesome Credit Score

Posted on April 27, 2007

Liz Pulliam Weston from MSN Money writes this article on the four keys to great credit. Some of this seems self explanatory but can be easily overlooked:

Open checking and savings accounts. I think most people have this from the first job they had in high school. The side note would be to ensure they are not paying high fees associated with this account. Nothing frustrates me more than paying fees when you are lending a financial institution money in the form of a checking or savings account.
Get your credit report if you have one. You have to know what is out there on your report, bottom line.
Fix any errors or omissions. I have heard of this happening to numerous people. Mistakes on the credit agencies part can seriously hurt you long term if it is not taken care of as soon as possible.
Add positive information about yourself in your credit report. I have not seen this suggestion before. I think this leans more to the intangible side, but if all things are equal may help in certain circumstances.