Top 5 Credit Score Mistakes

The top 5 Credit Mistakes in America. Most Americans are sabotaging their credit scores without

even realizing it. The number one mistake is maxing out credit cards. Keeping your balance

above 30 percent of your limit tanks your score fast. Even if you pay on time,

high utilization signals risk to lenders. Second is closing old credit cards.

That account you opened in college might seem useless, but it's boosting your credit history

length. Close it and your average account age drops instantly. Third mistake is

only making minimum payments. You're basically telling creditors you can barely handle

your debt. Pay more than the minimum whenever possible. Fourth is applying