Do what it takes to maintain your credit score as high as possible. If you want to take advantage of low interest loans and credit cards, a good credit score is very important. Low credit ratings also can prevent you from purchasing your dream home or getting credit when you need it. You need to use your credit in the right ways to keep your score high. Instead of the debit card, use credit cards. Credit cards can be used for things such as groceries and gas. The credit cards usually have benefits that will give you money back for the items you buy. When collection agencies get involved in collecting a debt from you, be aware that they only have a limited amount of time to get it from you; otherwise, the debt can expire. Talk this over with an expert, and see if you can find out when your current debt will expire. If you can get this information, do not pay a dime to any collection agency. You must learn proper money management. You should invest your capital and protect your profits. You will see a return on your investments by managing profits. Set a rule for what profits you keep and what profits go into capital.