A Credit score is a significant boundary to get the best advances and credit cards. You should do whatever it may take to keep a healthy credit score. A credit score of 700 or more is viewed as great, while a 750-score can improve rates and loan terms.
Credit scores are a significant qualification basis for your home advances, vehicle advances, individual advances and credit cards. There are 4 credit departments in India – TransUnion CIBIL™, Equifax, Experian and CRIF Highmark.
While we have heard a great deal of guidance on the most proficient method to further develop our credit score, there isn't tremendously expounded on 'how not to deal with' mess up your credit score. To cure that, we have gathered together '30 Things You Could Do That Can Mess Up Your Credit Score'.
1. Not checking your credit report regularly
2. Paying your bills late
3. Having too much credit
4. Having high outstanding on your credit cards
5. Not having any credit cards at all
6. Closing down old or unused credit cards
7. Requesting for a credit limit increase
8. Consolidating debt onto a single card
9. Paying off all your credit cards at once
10. Using the wrong credit card
11. Co-signing on debt
12. Not having a healthy credit mix
13. Paying down the wrong debt first
14. Not fixing credit report errors
15. Making too many credit inquiries
16. Having negative records on your credit report
17. Having legal proceedings against you
18. Not filing your income tax returns on time
19. Not maintaining your credit score after marriage
20. Not caring about your joint debts after divorce
21. Letting your debts go to a collection agency
22. Leaving charge-offs on your report unresolved
23. You opt for debt consolidation or debt settlement
24. Applying for too many credits at the same time
25. Having a bad credit utilization ratio
26. Some of your old debts are still open on your credit report
27. Your add-on cardholder is being irresponsible with the card usage
28. Applying for a loan when you don’t have a stable job
29. Being a victim of identity theft or fraud
30. Not seeking help when you need it
Reference;https://www.creditmantri.com/article-30-things-that-mess-up-your-credit-score/