Common Credit Mistakes That Lower Your Credit Score

Do you know what kind of credit mistakes are lowering your credit score? Common mistakes may be dragging down your credit score and you may not even know what you're doing. Keep your credit card balance below 50 percent of your available credit. If you max out your credit cards every month you may be lowering your score. You can also get into more trouble if you run into late payments on your credit cards. Watch this Expert Real Estate Tips video for more common credit mistakes that could be lowering your credit score.

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[AnimeandVideogames]

@TranceScene thanks thats helpful i guess am still good.

[TranceScene]

Another huge mistake that gets people in trouble is being a co-signer for a friend or relative. When you co-sign on any loan you ARE the borrower and you take on full and equal responsability for the loan.

[TranceScene]

@AnimeandVideogames

Utility biils and internet bills do not affect your credit score UNLESS the bill is turned over to a collection agency.

[AnimeandVideogames]

i forgot to pay my water and internet bill when i remember i did before i went to vacation will that effect my credit?? Also i use online banking.