What Hurts Your Credit Score?

What Hurts Your Credit? 780 770 755 747 720 690 685 683 658 654 650 620 613 59O 572 531 S27 520 513 508 SOS SOo 477 455 450 440 Identifying a bad score 797,, 786 773 583 680 Good Bad 850 750 700 650 600 Top 5 Factors that Hurt Your Credit factors Foreclosure, Bankruptcy that hurt your Lose 85 to 105 points if your credit score is bad Lose 85 to 105 points if your credit score is bad credit Lose 140 to 160 points if your credit score is good Lose 140 to 160 points if your credit score is good max credit line Debt Settlement credit debt Bad debt-to-credit ratio Lose 45 to 65 points if your credit soore is bad Lose 140 to 160 points me if your credit score is good 583 Missed Credit Card Payment Closing old accounts Lose 60 to 80 points if your credit score is bad Lose 90 to 110 points if your credit score is good Applying for multiple loans or credit cards Maxing Out a Credit Card Lose 10 to 30 points FINAL if your credit score is bad Lose 25 to 45 points if your credit score is good Blowing off your bills entirely Billy the bad credit score Top 5 Factors that Hurt Your Credit based on a credit score of 680 Bankruptcy Foreclosure Missing One Credit Card Payment Debt Settlement Maxing Out a Credit Card Credit Points Lost 30 45 60 75 90 105 120 135 150 13 64% 37% of American adults admit that they do not know their credit score is the average number of credit obligations that today's consumer has of American adults have not ordered a copy of their credit report in the past year 9 of these are likely to be credit cards Worst Credit vs. Best Credit Credit Scores Below the National Average 707 א 1? 716 734 719 708 682 691 721 704 680 Ь90 כו? 713 7 705 719 L99 677 Б88 703 L95 704 Ь?4 687 L96 705 712 711 672 686 -705 무 디디 Ь9Ь 699 695 F694 699 670 685 695 L90 702 699 БЬ8 683 694 ь84 682 L87 L80 685 Credit Scores Above the L83 677 674 National Average 677 ь80 721 674 672 670 705 719 704 Corpus Christi residents have 683 703 י1? America's worst credit scores.** ם"? 713 Ь99 712 Ь9Ь National Average 711 Credit Score 692 695 708 707 Ь94 707 http://www.money-zine.com/Financial-Planning/Debt-Consolidation/National-Average-Credit-Score/ http://freescore.com/negative-credit-score-factors.aspx http://freescore.com/bad-credit-score.aspx http://freescore.com/how-credit-scores-are-calculated.aspx http://www.credit-terms.com/credit/credit-score.html http://www.whatsmyscore.org/facts/7mistakes.php http://www.myfico.com FreeScore.com. 3 credit scores, 1 place. National Foundation for Credit Counseling, 2009 Financial Literacy Survey, April 2009 ** Men's Health magazine's personal debt survey, July 2008