There are many key factors you to definitely credit agencies imagine when calculating your credit rating. Here are some trick problems that may help make your borrowing from the bank take a great nosedive:
1. And also make Later Repayments
Late payments will be most typical need somebody possess a down credit rating. In the 35% of your own credit history relies on the fee records very all of the later monthly payment you will be making can bring their get off. When you have a track record of later costs, that would be a very strong influence on your complete score, of course, if you’ve ever had an account head to series, one to guidance can be stick to your credit history for approximately eight years. Continue reading
