Some people are afraid of credit while some love to leverage it. In America, a lot of people have a good amount of credit card debt. In fact, it has been rising since the recession of 2008 and shows no signs of slowing down. The good news is that if you have a poor credit score, it can be fixed with the implementation of good money habits. In this article, I am going to be breaking down some of the top ways to fix your credit situation and maintain a great credit score.

  1. Pay off all debt

Like they say, the first step to solving a problem is knowing that you have one. If you have any credit card debt whatsoever, the first step is to clear it all up as soon as possible. You can either use the debt snowball or the debt avalanche. The debt snowball is when you pay off the smallest debt first where the debt avalanche is where you pay off the debt with the highest interest first. Whatever you have to do, make sure you get the debt paid off so that you can get back above water.

  1. Only spend what you can afford

Unfortunately, a lot of people abuse their credit cards. They make purchases that they couldn’t afford with cash. As a result, they cannot make the payment at the end of the month which negatively affects their credit score. Instead, they just make the minimum payment which credit card companies love. In the end, if you can’t afford to pay for it with cash, you can’t afford it.

  1. Check your credit report

Sometimes, credit card companies may mess up a transaction here or there that could negatively impact your credit score. Combat this by checking over your report regularly.

One of the companies that I would highly recommend going with would be GreenSky Credit. At GreenSky Credit, they have a team of over 12,000 merchants ready to help you. GreenSky Credit has funded over $1 billion in loans over the years. GreenSky Credit also has over 1.6 million satisfied customers nationwide.