7 Mistakes That Can Demolish Your Credit Score | Credit.com

We often make mistakes when paying bills, such as setting a bill to the side for a moment and then forgetting to pay it. But mistakes like that can cost us on our credit scores.

Credit.com has an article 7 Mistakes That Can Demolish Your Credit Score. The seven they list are:

1. You forget to make a payment
2. A medical bill slips through the cracks
3. You refuse to pay a bill “on principle” (but they spelled it “principal”, which is the wrong word and I just couldn’t bring myself to do that)
4. You get talked into co-signing
5. You max out a credit card
6. You close out all your old accounts
7. You assume everything’s fine

For the full article and explanations of how each of these can hurt your credit score, click here.

And be careful not to make the above mistakes!