How to Improve Your Credit Score [Infographic]

So you’re looking to increase your credit score—preferably sooner rather than later.

Credit challenges come in many forms: foreclosure, bankruptcy, or a costly medical emergency. Or maybe you just missed a few car payments during tough times. Bad credit happens to good people all the time. A run of bad luck can throw even the most responsible person into a financial free fall. Fortunately, learning how to build credit or rebuild your credit score is not as difficult as it may seem. In fact, one of the best ways to begin rebuilding is using small, everyday purchases to your advantage.

You’ve undoubtedly heard warnings about being careful not to become overwhelmed by credit card debt. That saying “yes” to more credit could tempt you into overspending. These warnings may have caused you to shy away from offers for credit line increases. But is passing up the opportunity for more credit really the best course of action for building or maintaining good credit?