The same is true of your credit history, which affects everything from your purchasing power to your ability to get a reasonable loan rate or land a job. Building a healthy credit history from the start – rather than trying to overcome mistakes later – can save you time, energy and money.

To get an idea of your credit history, potential lenders will examine your credit score. A high credit score can make it easier to get a credit card or loan, and may result in the lender setting a lower interest rate. To boost your credit score, remember these tips:

1Pay your bills on time. Learn more about our Bill Pay and automatic payment transfer options at www.amerfirst.org.

2Pay down your debt. Consider consolidating to a lower rate loan and pay more than the minimum amount due. A financial counselor can also help you create a debt management plan.

3Reconsider closing accounts. You may be tempted to close an old credit card account because you no longer use the card. But the longer your responsible borrowing history, the better your score.

4Think twice about opening accounts. Applying for a lot of credit at once can harm your credit score. And every line of credit you apply for will stay on your record for at least seven years, even if the account is only open for a day or two.

5Fix errors. Review your official records from all three major credit reporting agencies (Equifax, Experian and TransUnion) and be sure any incorrect information is corrected. You can order a free credit report from each agency once a year at www.annualcreditreport.com.*

With healthy rates on savings and low-rate loans and credit cards, American First Credit Union can help you achieve fiscal fitness and a healthy credit history. Contact us at 800/ 290-1112 or www.amerfirst.org to learn more.