Wednesday, February 18, 2009

Top 10 Credit Score Mistakes

Here is a list of Top 10 Credit Score Mistakes people make.

1. Missing Payments
2. Closing All Unused Credit Cards
3. Credit Card "Surfing"
4. Not Knowing Rates & Fees
5. Not Valuing Credit Rating
6. Too Many Inquiries (Applying for A lot of Loans In 30 to 60 Days)
7. Not Contacting Lenders in Tough Economic Times
8. Increasing Balances to Credit Limit
9. Having Too Little Available Credit
10. Missing Payments On Utility Bills

Please send any other Top reasons I should have included.

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