Spring is (finally!) here. Time to put away winter clothes and spring clean…our finances!
1. Dust off Your Credit Report
Pull your credit report for free at AnnualCreditReport.com and review it for errors. Your credit score won’t be negatively impacted by you reviewing your credit report.
2. Pull up the blinds and sign up for free access to your credit score
Most major credit cards will provide you with free access to your credit score. This will not have a negative impact on your score but positive impact on your peace of mind. HUECU credit card holders sign up here to receive your free FICO Score.
3. Plant your savings seeds
Summer vacations and the holidays will be here before you know it. Saving some money now will give you many more options later. Designate a specific savings account for your specific financial goals and set up automatic deposits. Your savings will bloom before you know it.
4. Rake up Straggling Debt
Sweep up your credit card statements and create a debt repayment strategy. Applying extra payments to the highest interest, while you pay minimum payments to lower interest, will save you the most money. Looking to build momentum? Then your strategy of choice may be paying off the lowest balance first, while paying minimum payments on others.
