• Using expensive or undesirable types of credit costs too much and is
  negatively scored


• Accumulating too many lines of credit or too many credit cards causes
  credit report remarks like "too much consumer credit."


• 3. Only paying the minimum due keeps balances too high. make sure you make
  it a habit to always pay more than minimum


• 4. Maxing out your credit card will drop your score dramatically


• 5. Cash advances from Credit cards cost higher interest rates and credit
  cards companies love you, when you do that


• 6. Exceeding limits and having to pay over-limit fees is a negative with
  creditors and causes "high proportional amounts owed" remarks on credit
  reports and subtracts credit score points.


•  Charging more than you can afford causes a snowball effect of debt
  with no easy way to pay it off.


• Ignoring credit problems causes unnecessary negative impact. Talk to your
  creditors, and give them a heads up that you are about to be late. This wont
  always work, but sometimes creditors wont report it to bureaus


• Always report change of address to your creditors in a timely manner

Arslan

AmeriFico -
Credit Repair & Analysis

Dallas, TX

http://www.amerifico.com