National Get Smart About Credit Day
(CNN)– Thursday is National Get Smart About Credit Day.
It kicks off an annual educational campaign from the American Bankers Association Education Foundation.
Experts say maintaining a high credit score is key to getting lower interest rates, and saving money on loans.
They say a credit report is a good place to start.
They urge people to stay on top of payments and lower their credit usage.
Experts advise being aware of how closing credit cards impacts a person’s credit utilization ratio.
