Timely payment of bills, including credit cards, loans, and utility bills, is crucial for a good credit score. Late payments can have a significant negative impact, so make it a priority to pay all bills by their due dates.

Aim to reduce credit card balances, particularly if they are close to the credit limit. High credit utilization ratios can negatively affect your credit score. Ideally, keep credit card balances below 30% of the credit limit for each card.

A diverse mix of credit types, such as credit cards, installment loans, and retail accounts, can positively impact your credit score. However, only open new credit accounts when necessary and manage them responsibly.

Obtain a free copy of your credit report from each of the major credit bureaus (Equifax, Experian, and TransUnion) annually and review it for errors. Dispute any inaccuracies you find to ensure that your credit report is an accurate reflection of your financial history.

Opening several new credit accounts in a short period can be seen as risky behavior and may lower your credit score. Be cautious about applying for new credit and focus on managing your existing accounts responsibly.