Factors That Can Ruin Your Credit

Do you know what hurts your credit score? This article discusses the most common factors that can badly affect your credit history. Check out the list below and know which things should be avoided. Overdue Bills. Frequently missing or delaying on your payments will surely send a negative impression to any lender who will check your credit report. Under the FICO scoring system, payment history makes up 35% of your total score. Hence, even occasional delays with your payment can cause your score to drop by a hundred points or more.