And if you’ve accumulated credit card debt across numerous cards, consider consolidating that debt with a balance transfer credit card.A no-interest card offer could be just the incentive you need to rid yourself of high balances that may contribute to your low score.Methodology: Bankrate’s Money Pulse survey was conducted April 20-23, 2017, by Princeton Survey Research Associates International with a nationally representative sample of 1,000 adults living in the continental U. Telephone interviews were conducted in English and Spanish by landline (500) and cellphone (500, including 322 without a landline phone).Statistical results are weighted to correct known demographic discrepancies.
Get yourself organized by marking on your calendar the due dates for all your bills, and then make sure to pay them on time.” says psychologist Maggie Baker, a financial therapist and the author of “Crazy About Money.” But Baker adds that it’s vital to discuss finances before things go too far. Being honest and transparent about money is important,” she says.You should certainly know your partner’s financial health before applying for a credit card or taking out a mortgage together. Here’s why having that money talk is so important: More than three-quarters (77 percent) of survey respondents who are married or partnered told us they share at least one bank account.Most (74 percent) say it’s OK for a couple not to know each other’s credit scores until after several months of dating or even after they’re engaged.“I would date someone with a poor credit score,” says Pamela Sisson, 39, a graphic designer in New York.After all, both interactions boil down to similar questions, such as whether you can picture yourself being with the other person a whole lot. And practice being open without oversharing: Have a friend run through some practice questions and rate your answers.Unless you’re completely unlikable — which is unlikely — authenticity is always the best move.It’s only if things started to get more serious that bad credit could be a red flag.“Bad credit could point to deeper issues of irresponsibility,” she says.But make sure to form a plan to improve your credit before you have that discussion.This means tackling the two biggest things that can crush your credit score: late payments and high balances.