Keep in mind that changes in your FICO score take a long time to occur but if you live by the following guidelines, your credit score will improve over time.

One of the major casualties of divorce is the damage incurred to both party’s credit. Not only do you incur the expense of divorce proceedings and attorneys, but divorce can send you spiraling into bankruptcy. Until your former spouse’s information is completely irradiated from your credit file, his or her mistakes with money can also reflect on your credit score. This is why it is advisable to take the following steps sooner rather than later.

A 0% balance transfer offer can seem like an amazing way to eliminate credit card interest payments. Yet some credit card users remain concerned that taking advantage of these offers will hurt their credit score. In fact, the opposite may be true as there are several reasons why receiving a 0% APR balance transfer credit card may actually improve one’s credit score.

While on a shopping spree, you open credit-card accounts at several of your favorite department stores to snap up discounts of 10% or 15%. You’re saving a bundle, but you may be chipping away at your credit score.

A person’s credit standing is a reflection of his financial principle and status in life. The privilege to make a loan is only given to those who have established a good credit rating. Thus, a person who wants to have available credit immediately when he needs it should maintain a good credit rating.