1. Remember: If you’re vacationing this summer, make sure to set your bills to auto-pay so that you don’t get hit with any lates!

2. Reshape: Doing some shopping? Try to spread purchases across various cards to show you’ve maintained good credit health across several lines.

3. Resist: Don’t apply for a store credit card unless it’s really *worth it*.

4. Recap: Make a list of all the credit cards you’ve opened. Should anything ever go missing or mysteriously show-up on your card, it’s helpful to have a go-to place for all your info. If you keep the file on your computer, make sure it’s locked and password protected.

5. Re-evaluate: If some of your cards carry balances, call the creditor to find lower interest rate options. If unsuccessful, consider transferring your balance to a different card with a better repayment plan.

Related Articles: Credit, Summer 2010 Newsletter