There are several key tools that can be used to achieving good credit, but the combination of direct deposit & automatic payments are at the top of the list. Below explains why.
Setting up automatic payments from your checking account for your routine bills: auto loan, utilities, and nsurance bills offers two key benefits:
Payroll Direct Deposit is a process where employee earnings are automatically deposited into bank accounts. Most medium and large companies offer this service to employees for free.
Work with your creditors to set the due date for your bills to be after your direct deposit.
Direct deposit and automatic payments combined, will result in you never paying bills late, (along with other benefits mentioned). When credit scoring agencies see that your bills are always paid on time, your credit score will continue to move up and stay up in the higher brackets.
I am a Certified Public Accountant and pride myself on making investing, personal finance and business concepts easy to understand.