Having a good credit rating is possibly more important than you might think. If you ever decide to take out a mortgage, business loan or investment then a good credit score is essential. One of the best ways to ensure this is to take out a credit card. Far from being a heavy financial burden, credit cards can be used to manage your monthly finances and offer you a little financial freedom. Below are just a few ways to increase your credit rating and how a credit card could help you. Use a credit card to handle your core costs. Using a credit card to pay for the essential costs in your life could help you consolidate any irregular payments into one easy and manageable sum. It’s not always easy to track payments leaving your account but with a credit card you can always be sure that you know exactly how much is leaving your account and when.
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