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Seven Things That Can Damage Your Credit Score


What Are The 5 Factors That Affect Your Credit Score? - Centier Bank

1. Payment History: 35%. You may have been told that making on-time payments is the single most important thing you can do to have good credit.

5 Surprising Things That Affect Your Credit

1. Reporting Errors. Inaccurate negative information on your credit reports can impact your score. · 2. Parking Tickets · 3. Utility Bills · 4.

12 things you may not know affect your credit score - CNBC

Student loans, unpaid parking tickets and medical bills are just a few little-known things that can affect your credit score.

What are some things that can hurt your FICO score? - Quora

Having high balances. Too much debt compared to your income. New debt. Inquiries. For anyone who believes credit scores are based on race or sex ...

What Affects Your Credit Score? - Investopedia

Factors that can affect your credit score are your payment history, your credit mix, your credit utilization ratio and the length of your credit history.

7 Weird Things That Affect Your Credit Score | HuffPost Life

Many aspects of credit can be confusing and even counterintuitive. Sometimes, it can even feel like you're doing everything right -- paying ...

Top 4 Things That Hurt Your Credit Score - YouTube

From late payments to closing credit accounts, in this video we will go over 4 things that can hurt your credit score.

What Factors Affect Your Credit Scores? - NerdWallet

The good news is that score damage from having high credit utilization can be reversed. Once you pay a high balance down and the creditor ...

How Your Credit Score Impacts Your Financial Future | FINRA.org

Late or missed payments hurt your score. Amounts Owed or Credit Utilization reveals how deeply in debt you are and contributes to determining if you can handle ...

11 Actions That Can Lower Your Credit Score - Experian

Hard inquiries and new credit accounts together make up 10% of your FICO® Score. Applying for too much credit at once suggests you're ...

9 Things That Surprisingly Won't Affect Your Credit - Forbes

1. How much money you make. Nowhere on your credit report will you find your salary. · 2. Your net worth. · 3. An Ivy League degree (or lack ...

Why Did My Credit Score Drop? | Capital One

10 factors that can make your scores drop · Payment history · Credit utilization · Credit mix · Credit history · New credit applications.

The Truth About Credit Scores: 10 Myths Debunked - USAA

Myth 1: My credit score depends on one thing. · Payment history (35%): Lenders want to know if you can make payments on time. · Amounts owed (30 ...

7 Ways Your Credit Score Affects Your Financial Health

Because each credit bureau calculates their own score, an individual's credit score can vary slightly from bureau to bureau. The three credit ...

5 Unexpected Ways Your Credit Score Affects Your Life | The Zebra

Accounts owed (30% of your score); Length of your credit history (15% of your score); How frequently you're opening up new lines of credit (10% ...

7 Things Lenders Look at Besides Your Credit Score - Experian

When you apply for credit, lenders may consider your employment, income, assets and cash flow, debt-to-income ratio, credit history information, ...

7 Surprising Things That Damage Your Credit Score

Planning to rent a car? · Closing a credit card account sounds smart, but it actually can hurt your credit score. · Medical collection debts over ...

What Can Hurt Your Credit Score? | Money

If the borrower misses payments, that can also affect your score. For example, say that you cosign a student loan for your child. If they fail ...

30 Things You Do That Can Mess Up Your Credit Score

Your credit “mix” refers to the variety of credit types you have on your report and accounts for about 10% of your FICO score. When you only have one type of ...

Seven Things That Won't Affect Your Credit Score

Seven Things That Won't Affect Your Credit Score · Your Income · Checking Your Credit · Late Rent Payments · Your Age · Bank Overdrafts · Credit ...