11 In its broadest sense, empowerment is the expansion of freedom of choice and action. It means increasing oneâs authority and control over the resources and decisions that affect oneâs life. As people exercise real choice, they gain increased control over their lives.
3. Pay on time every month. The most important thing you can do to build and maintain a good credit score is paying all of your bills and debt obligations on time every month. Even one late payment can significantly damage your credit score, especially early on.
I currently have a credit card with my credit union I work for and itâs a credit builder CC and the limit will go up $100 every month after 3 months of good payment history. I am just about to get to my first $100 increase at the end of the month. currently hold 17 credit cards with a total limit of $104,750. I do not carry a balance, I pay my bills off each month. Many of my cards will give a credit limit increase every six months with no hard inquiry, which I have been taking advantage of.