improve my credit score? I know, I was being stupid. I got my first (and only) credit card on Sept 06 and have paid late twice within my introductory period of 6 months. Since then I have been paying my balances in full. I'll be graduating in '09 and am worried about how this could affect my credit score. The only other debts I have are my student loans which are federal and not private.

What are some possible hardships I should be aware of in the near future?

I do plan on going to grad school either immediately or soon after I get my B.A.; will I be affected when I apply for grad student loans?

Is there anything else I could do to improve my credit other than paying off or keeping my balance at $0?

Thank you!
I forgot to mention...For the two times I paid late, I was able to make my confirmed payments within 1-4 days after the due date.

I've read that some credit card companies don't report unless payments are 30 days past due...But I'm still new to all of this and I am worried anyway.

I have a Citi MTVU Platinum Select card, and since paying off my card for almost a year straight now...I credit limit has been increased 2 or 3 times.

www.fdidvd.com/davislaw

Check this site out. It helped me a lot and my clients.

It is now a service I recommend to all my realtors, loan officers, and well, anyone.

It's wonderful. My credit increased by 8 points in two weeks time. I get my credit service for life and free now that I'm a member.

I was once 30k in debt. I'm down to 17k now.

Plus I make money with them.

it wint affect you at all because ive been late more than 3 times and nothing happens to youre score because the ccard companies rather make money off you by charging a late fee and if youre late theyll jump your apr to the default rate tp almost 30% and they wont make any bad reports to the bureu and youre score remains the same!!