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.
but you seem to grasp that which is why you decided to get a bank loan to build credit unfortunately your mistake was taking out a loan with a lender that sounds like it wasn t set up to automatically report your payments to the credit reporting agencies each month