behaviours that negatively affect your credit score
TRANSCRIPT
Things that negatively affect your
Credit Score
1Poor payment history
- not paying utility bills, loan
repayments and credit cards on time
all the time.
Things that negatively affect your
Credit Score
2Maxing out your credit
limit on credit cards and loans/overdraft. This
impacts the total amount of your debt
which in turn impacts the amount of credit
available to you.
Things that negatively affect your
Credit Score
3Making frequent
applications for credit. Payday loans even if
paid on time are especially damaging because they suggest that you are not very
good at managing money.
Receiving a County Court Judgement (CCJ).
Lenders don't like having to go to court to
make you pay up.
Things that negatively affect your
Credit Score
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