Beware: These moves can leave a dent in your credit score

Beware: These moves can leave a dent in your credit score "Many people are in the dark about what makes their credit scores rise and fall. That’s the takeaway from a new survey by the Consumer Federation of America and VantageScore Solutions, which found that consumer knowledge about credit scores is at the lowest level in the past eight years.

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– Beware: These moves can leave a dent in your credit score thebreakingnewsheadlines 2 weeks ago breaking news headlines leave a comment 52 Views Many of us are at midnight about what makes their credit score ratings upward push and fall.

But different strikes – some apparently certain – can in truth decrease your ranking, mavens say.1. Paying off an outdated debtIt kind of feels such as you’re doing one thing excellent: An outdated, unpaid invoice resurfaces and you’re making a partial fee on it.Alternatively, on occasion those money owed are already so outdated they’re no longer legally

Beware: These moves can leave a dent in your credit score. Click the image to read the full story. Share this: Click to share on Twitter (Opens in new window) Click to share on Facebook (Opens in new window) Click to share on Google+ (Opens in new window)

The amount of money required for your down payment will vary based on your loan, but it’s typically in the 10% to 20% range.That’s a lot of cash to.can you get a mortgage with bad credit Beware: These moves can leave a dent in your credit score – The standard advice for a healthy credit score is to avoid paying your bills late or letting.

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This can add around 15 per cent to 20 per cent to your insurance premiums – or £100 on a £500 annual motor policy. Holiday companies and airlines may charge 2 per cent for using your credit. beware.

The standard advice for getting a high credit score is to pay your bills on time and keep your balances to a minimum, yet experts warn that other moves you make can drag down your score. Beware: These moves can leave a dent in your credit score