meta name='ir-site-verification-token' value='1860762106'> How to save money and look great while doing so: using credit wisely
Showing posts with label using credit wisely. Show all posts
Showing posts with label using credit wisely. Show all posts

Friday, September 22, 2017

How To Ruin Your Credit Score

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How To Ruin Your Credit Score.

Credit Card, Charge Card, Money
Image Courtesy Of Pixabay

There are so many ways you can ruin your credit and below you will see some of these ways it can happen.

  • Lending your car to your friend and they don't have a driver's license and they have a terrible accident, this will ruin your credit.
  • Buy non-essential things with your credit card such as; gifts, expensive makeup, gadgets that you don't need right now, throwing someone a birthday party and charging your card.
  • Letting your best friend charge things to your card while you are both shopping and she promises that she will pay you back and she never does.
  • Going to school and not keeping up with your loan payments, you are screwed!
  • Putting too much information about yourself online and someone steals your identity.
  • Letting someone live with you who is secretly ordering movies on your cable account.
  • Bailing someone out of jail and they disappear.
  • Paying everything with your credit card because if you don't pay you will have an interest so it is best to just use cash.
  • Using your credit card to get cash advances for gambling at a casino because this is a sure way to lose your money.
  • Opening too many credit cards because each time there is an inquiry into your account. These are red flags to the credit bureau and you could become a credit risk.
There much more ways to ruin your credit.  There are many ways to try to make more money and stop using your credit card as often. You may want to start freelancing or start a small business, this Site can help you bring traffic to your business.  Use credit responsibly.


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