Keep your credit score healthy with on-time payments
Did you know that your payment history has the biggest impact on your credit score? According to FICO, individuals will see a substantial loss of points when they fall 30 days behind on a payment, and lose even more points when they miss a payment by 90 days. One of the best ways to keep your credit score healthy is to pay your bills on time.
Consider using a free budget app to receive important bill reminders—and support your credit score.
Budget apps’ main features:
- Credit score monitoring. Apps will show you your up-to-date credit score 24/7, and some will even offer suggestions for ways to build it.
- Bill reminders. Apps that alert you when you have an upcoming bill help ensure that you never miss a payment.
- Stay up to date on your financial health. Free budget apps allow you to easily see all of your accounts in one location and track spending so that you see where your money is going.
- Budget creation and categorization. Some apps will automatically categorize your expenses and alert you when you are close to reaching your monthly budget in each category.
Visit nerdwallet to see a list of the top 8 budget apps of 2022.
