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.uring the boom years of last decade (you know, when you could buy a $400,000 house with a âliar loanâ using stated income) it was extremely easy to get credit limits of $10,000, and sometimes even up to absurd levels like $50,000 with only an average income. Unfortunately, times have radically changed since then.