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Your credit score can be a lot like an SAT score.  That is, you really don’t care about it until it isn’t high enough.  Like SATs, cramming doesn’t really work.  When it comes to your credit, there are no shortcuts.

That doesn’t mean that you are stuck and unable to impact your credit score. You actually have all the control. Here are six simple things to keep in mind:

• Pay Your Bills On Time. Mom and Dad were right; on-time payments demonstrate responsibility and show creditors that you manage your accounts.  If you have to, even paying just the minimum amount – but on time – will help.
• Check Your Credit. Be sure that you are checking your credit at least every 12 months to ensure that you know where your credit stands. This also helps you to make sure that no fraudulent activity has been going on in your account.  There is no need for a costly service – you can do this for free by requesting your free credit report each year.
• Take Care of the Past. If you have any negative entries on your credit report that you haven’t resolved yet, do it.  Take any extra cash you have and pay off any judgments or liens. While these items may stay on your credit report for some time, resolving these matters demonstrates your efforts to get your credit score under control, which will then raise your score.
• Close with Caution. It may seem ironic, but closing credit accounts can actually hurt you. It may be better not to use a credit card than to actually close it.  It has to do with your available credit and the amount of your available credit that you’ve expended.  Keep in mind, though, that some credit cards charge annual fees, so weigh the cost and the benefit.  You can always call the credit card company and ask them to waive your fee.
• Get Credit for Rent and Other Payments.  Those with little to no credit histories can bolster credit files by having rent and other recurring payments reported. Traditionally, these payments do not get reported to the credit bureaus and therefore, these positive payment histories are often missed.  Online rent payment service WilliamPaid.com will pay and report your ongoing rent payments and provide you with flexible rent payment options.  You can also use WilliamPaid’s Bill Verification Service to verify and report bills that you’ve already paid.  This can allow you to use past payments to prove your creditworthiness.
• Open and Manage Accounts. Establish yourself as a serious borrower by opening a checking and savings accounts to begin tracking your money more closely and saving what you can each month. The longer your positive credit and banking relationships, the better your credit score will be.

While your SATs can determine what school you get into, your credit score can determine everything from the type of loan you can receive to what kind of apartment you can rent to whether or not you will get your dream job, so take care of it and it will take care of you.