Top 4 Things That Hurt Your Credit Score

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From late payments to closing credit accounts, in this video we will go over 4 things that can hurt your credit score. [Duration- 2:37]


  • Even one late payment can cause credit scores to drop, because late and missed payments can play a big role in calculating your credit scores.
  • High debt to credit usage on revolving accounts, such as credit cards, can impact your credit scores.
  • Applying for multiple credit accounts in a short time may cause lenders to view you as a higher risk borrower.
  • Closing a credit card account may affect your credit scores, because that changes your credit mix.