A clean credit report shows you’re a responsible borrower who can be trusted to pay off debts as agreed. Having better credit can help you in many aspects of your life.

Thus, a clean report signifies timely repayment of loans and credit card bills as well as sufficient experience with managing debt. This leads to a high credit score of 730 and more.

1. Monitor your credit report Federal law entitles you to a free copy of your credit report once every 12 months from each of the major credit-reporting bureaus: Equifax, Experian and TransUnion.