Credit scores are based on your credit history. This means your history with borrowing money and paying back debts will be reflected in your score and could affect your chances of borrowing again in the future. Some of the most common behaviours that lead to a poor credit score include:
Missing scheduled repayments on loans and credit cards.
Frequently applying for new forms of credit.
Having a credit application rejected.
Having debts handed to courts or debt collectors.
Having large amounts of credit available.
Using a significant percentage of any credit you have available.
Frequently changing your address, suggesting an unstable and unpredictable lifestyle.
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