Making payments on time and in full can help improve your credit score

Credit scores play an essential role in our financial lives, but they are calculated by private companies, and there is little transparency in the way they are calculated. Still, you can take steps to ensure your own credit score is good. 鈥淢ake loan payments on time and keep credit card records in good standing,鈥� Prof. Patrick Augustin told Consumer Affairs. 鈥淐redit card debt should be paid in full when it is due, and shouldn鈥檛 be too high relative to disposable income.

听