5 Ways You Could Be Messing Up Your Credit Score
A good credit score can make it easier for you to get a loan and can make it far less expensive for you to borrow money for big purchases, like a new home. Unfortunately, while many people have the best of intentions when it comes to earning a high score, it's not always easy to know what you need to do to become a credit superstar. Different credit reporting agencies calculate your score in different ways, and none of the agencies are fully transparent about the specifics of the formula they use.
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Compounding the problem: some behaviors you may think will help your credit could actually result in your score dropping. You don't want to inadvertently hurt your efforts to earn good credit by making an innocent and avoidable mistake, so check out these five ways you could be messing up your credit score to avoid preventable errors.
Source: Fool.com
