What are common credit score mistakes?

What are some common mistakes people make that hurt their credit scores?

Some common mistakes include missing payments, maxing out credit cards, and not checking credit reports regularly.

How does missing a payment affect my credit score?

Missing a payment can significantly lower your score, especially if it's more than 30 days late.

Is it bad to close old credit accounts?

Yes, closing old accounts can reduce your credit history length, which may negatively impact your score.

What should I do if I find an error on my credit report?

You should dispute the error with the credit bureau and provide any necessary documentation to support your claim.