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.
This pay-down strategy might be for you. By consolidating your credit card debt to a single card or debt consolidation loan, you have a single payment to make each month rather than four or five. One payment to pay each month â thatâs it. You can even automate payments so you never have to worry about paying late.