Credit Card Question & Answer

Advertising Disclosure is an independent, advertising-supported web site. receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » What are the most important things to know about achieving a great credit score? I have ...

What are the most important things to know about achieving a great credit score? I have just got my first credit card and want to make sure I establish good credit as soon as possible.

Answered by , at
Add to Favorites:

Tags: , ,

Leo Zhu

Congratulations on getting your first credit card. That’s a big step in the right direction if your goal is to establish good credit. The most important thing to do is to pay off your balance in full each month if you can. Don’t let your card sit in your wallet unused, either. You have to use it to earn good credit, as well as the credit card rewards that are a big perk of having a credit card in the first place. Just make sure to keep your spending under control, so it will be manageable for you to pay it off every statement period. Keep in mind that this might not be exactly once a month For example, an Overstock credit card payment needs to be made every 28-29 days, when the cycle ends. Just be sure to check your due date online, or on your paper statement.

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
No Annual Fee
For Bad Credit
Monthly reporting to the three major credit bureaus
For Fair/Bad Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit

Other Questions in
Limited/Bad/Fair Credit