CREDIT SMART

CREDIT SMART from page 13 Know the Formula for Good Credit Forbes says there are five categories that add up to good credit: 1. Payment history (35 percent) – Always pay bills on time. 2. Amounts owed (30 percent) – Borrow a low amount compared to the total lines of credit. This also is known as credit utilization. 3. Length of credit history (15 percent) – Keeping accounts open