What are Saturdays for?

It's time to sit back, relax, and rifle through your credit offers for the week.

Remember, an aspect of your credit score is the amount of credit you have available to you, so it's not a bad idea to open a credit card account if you haven't opened any other lines of credit lately.

Doing this has two benefits:

1. This will decrease your overall debt to credit ratio, if you had any debt before. Decreasing this ratio will increase your credit score.
2. Having another credit card also provides another way to measure your credit worthiness, which again adds to your credit score.

Warning: If you have been opening a lot of lines of credit lately, then don't do this. One way your score goes down is when you have sudden periods of excessive credit checking, suggesting you are looking to get enough credit to do something big.