Tips to Avoid Bad Credit Card History


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most 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 » Research » Guides » Building Credit History » Tips to Avoid Bad Credit Card History

Tips to Avoid Bad Credit Card History

Updated: December 26, 2012

The content is accurate at the time of publication and is subject to change.

If you have tried educating yourself about credit cards at any point of time, it is inevitable that you would have heard about credit history and the impact it makes on your life. Right from your job to your reputation, a lot is at stake when you earn a bad credit card history since it shows how inefficient you are with managing your finances.

It is always safer to avoid such problems rather than struggle to cope with them at a later stage. Here are some tips that will help you keep credit card history problems at bay:

Tip 1 : The Lesser, the Better

This refers not just to the debts you accumulate on your credit card, but also on the number of credit cards you possess. Credit card companies are more than willing to give their cards to every individual who has the slightest inclination to use it, but do not get tempted with the easy process. Once you have multiple cards, you will invite multiple problems like keeping track of your expenses, resisting the temptation to splurge etc.

Tip 2: Be Prompt with Payments

We like to procrastinate our tasks, specially when it comes to spending money from our own pockets. Do not do this with repayment of your bills. Any slip in the last date will reflect on your credit card history. It is best to make the payments at the earliest so there is no scope for defaulting. Be very careful when you are having multiple cards and keep track of each of the last dates with care.

Tip 3: Pay Beyond the Minimum

Most of us have the habit of paying the minimum amount so that we can get away for the time being. The problem with this attitude is that you are letting the amount accumulate interest which may lead to a huge amount to be paid at a later stage. This may force you into earning a bad credit history when it crosses a certain point.

Tip 4: Browse through the Credit Report

It is not just about whether or not this task in interesting, it is about how crucial the task is. It is very crucial for you to spend time on browsing through your credit report which offers multiple advantages. You will get to know any flaws in the system, in your spending habits or may even find a heads up on an impeding problem with your finances. All these will prevent you from earning a bad credit card history in the near future.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

Top 5 Secured Credit Cards: November 2020 – Experts’ Choice

Top 5 Secured Credit Cards: November 2020 – Experts’ Choice

Posted: June 22, 2020

The COVID-19 pandemic has made significant changes not only in people’s lives and their financial standing but also in the entire financial sector of the U.S. We have collected the best secured card offers from our partners so that you can… Continue reading

Top 5 Soft Pull Credit Cards: November 2020 – Experts’ Choice

Top 5 Soft Pull Credit Cards: November 2020 – Experts’ Choice

Posted: June 3, 2020

When applying for a credit card, you definitely don’t want your credit score to go down. Here, you will find the best credit cards with a soft pull from our partners. An application for such cards won’t make changes to your credit history… Continue reading

Top 5 Store Credit Cards: November 2020 – Experts’ Choice

Top 5 Store Credit Cards: November 2020 – Experts’ Choice

Posted: May 30, 2020

We evaluated store credit cards offered by our partners to find the best store credit cards. They are often loaded with perks that will allow you to save on purchases at your favorite retailer. Plus, many store credit cards are available… Continue reading

You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!