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7 Points That Can Hurt Your Credit

Here i am sharing some of the common missteps most people don't realize are hurting their credit.

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7 Points That Can Hurt Your Credit

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  1. 7 Points That Can Hurt Your Credit 1 2 Not applying for enough credit: No Score or Lower near to 300. Applying for too much credit at once: Determine your credit worthiness and decide whether or not to lend you. 3 4 Closing an account at the wrong time: close an account as soon as it's paid off, it can actually decrease your overall credit score. Keeping a high balance, even if you pay on time 6 5 While it's not the only thing, missing payments are # 1 no-no when it comes to your credit accounts. Closing Loans: Creditors do not trust the creditworthiness of the original applicant. 7 Defaulting on accounts: It's pretty obvious, but it's worth mentioning because we can't always plan for the worst-case scenario in advance.. w w w . r l k r a m e r . c o m

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