10 Ways To Completely Ruin Your Credit
Published by sam - 21/10/07 - 08:10:59 amIf you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
This post is inspired by one of my readers, whom I will call Mr. M. This is not the usual list of improvement tips, so don’t follow these. If anything, please do the opposite. Here are 10 ways to completely ruin your credit score, waste a lot of money, and get yourself in trouble:
- Respond to every pre-approved offer you can lay your hands on; especially those in-store cards
- Buy everything you ever wanted with credit
- Pay your bills late
- Don’t pay your bills if you can’t afford it
- Let your accounts go to collection
- Don’t pay your landlord
- Don’t pay your taxes — who cares about tax liens
- Use your bills as firewood when they turn off your electricity
- Use payday loans as an emergency fund
- Declare bankruptcy
Are you doing any of these?
Source: http://www.paidtwice.com/2007/10/17/10-ways-to-completely-ruin-your-credit/
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